Alpine Commercial Capital can provide financing to meet a variety of needs - from acquisition or construction to refinancing or renovation. Our transactions have included all property types, including: office, industrial, retail, multifamily, single room occupancy, co-op, mixed-use, student housing, hospitality, healthcare, credit-tenant leases, and single-family housing. However simple or complex, every project we take on is executed with efficiency and diligence.
Alpine can provide financing for the following property types:
Office
Shopping Centers
Industrial
Retail
Multifamily
Single Room Occupancy (SRO)
Co-op
Mixed-Use
Student Housing
Hospitality
Healthcare
Triple Net Lease (NNN)
Single Family housing
Office
Office properties can be one building or multiple buildings, single or mixed use.
Buildings can be single tenant or multi-tenant, single story or high rise.
Locations can be downtown or suburbs, in primary, secondary or tertiary markets.
Shopping Centers
Anchor Tenants
Non-Anchor Tenants
Industrial
Light Industrial
Warehouse/distribution
Owner-occupied
Mini-storage
Heavy industrial
Buildings can be single tenant or multi-tenant
Retail
Power centers
Grocery/drugstore anchored centers
Unanchored strip centers
Enclosed malls
Specialty retail
Multifamily
Properties may be new or existing, to-be-built or in need of substantial rehabilitation, and either a single building or multiple- building complex.
Buildings can be high rise, low rise or garden-types.
Rents may be at market or subsidized.
Single Room Occupancy (SRO)
Generally, SRO units consist of one or two rooms that either lack complete kitchen and/or bathroom facilities or share them with other units. SRO units are often furnished, and rent is usually paid weekly or monthly.
Co-op
Cooperatives are owned by an apartment corporation. Individual tenants do not actually own their apartments as they would. One owns "shares" in the corporation which entitles them to a long-term "proprietary lease." The corporation pays the total amount of the building's mortgage, real estate taxes, employee salaries, and other expenses for the upkeep of the building. The tenant-owner, in turn, pays a share of these expenses as determined by the number of shares the apartment has in the corporation. Share amounts are dictated by apartment size and floor level.
Mixed-Use
A property in which a portion is used for commercial or retail purposes and the other portion is used for residential purposes. A property can also be considered mixed use if different combinations of uses are present such as commercial/industrial or residential/industrial.
Student Housing
Student Housing can be low rise, mid-rise or high rise design.
Student population should be 10,000 or more full time students (ideally 20,000 plus) and expanding.
Property may qualify if it is within two miles of the campus and/or on a school sponsored or public bus line.
Floor plans may be conventional apartment floor plan or modern private / semi-private bath student floor plan.
Strong operating histories or near term leasing success with compelling performance demographics and characteristics.
Hospitality - Hotels, Motels, Spas, Recreational Facilities
Properties generally need a recognized franchise (flag), credible operating history and seasoned management.
Location can be downtown or suburbs.
Construction funds require substantial sponsors as well as strong management and a leading national flag.
Healthcare
Eligible facilities include:
Independent living
Assisted living
Congregate care
Skilled/intermediate nursing homes
Medical offices
Strong, experienced management is required.
Triple Net Lease (NNN)
In a Triple Net Lease the tenant pays for all operating costs and expenses associated with the property it leases for the duration of the lease. In a triple net lease, the rental component is separately identifiable in the lease, making the actual net investment return clear for property owners and investors.
Single Family Housing
Eligible properties include single family dwellings, condos, planned unit developments (PUDs) and rehabilitated units. Alpine can arrange financing for Single Family Housing through our affiliate, Pan Am Mortgage
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