Capital markets
Capital for real estate decisions.
Debt, equity, and structured solutions aligned to the opportunity.
Brokered by eXp Commercial, LLC · CCGX arranges and advises on financing; loans are provided by third-party lenders · Subject to lender approval · Not a commitment to lend
Solutions
The right capital for the decision in front of you.
There is no single best product, only the right one for a given asset, sponsor and timeline. We arrange and advise; the lenders and capital partners we introduce make their own decisions.
- Acquisition financingDebt for buying a stabilized or near-stabilized property, including going-concern healthcare assets.
- Construction financingDebt for ground-up development and major repositioning, from construction through take-out.
- Bridge financingShort-term debt for a property in transition, with a defined exit to permanent debt or a sale.
- Permanent debtLong-term debt for stabilized property, including refinance and HUD or SBA programs where applicable.
- HUD and SBA, where applicableGovernment-backed programs for eligible properties and borrowers, each with its own rules and timeline.
- Equity and joint venturesStructuring partnerships between sponsors, operators and capital partners.
- RecapitalizationsRestructuring the capital on a property you already own.
- RefinanceReplacing existing debt at maturity, for a better structure, or to return capital to owners.
- Capital stack analysisModeling how senior debt, subordinate capital and equity fit together on a deal.
Property integration
Finance this opportunity.
Capital is part of the deal, not a separate conversation. Every eligible listing gets a Finance this opportunity path, so a buyer can ask for a financing review on that specific property, with the property already attached to the request.
We look at the asset the way a lender will, tell you which kinds of lenders are likely to fit, and help you size the equity before you write an offer.
Healthcare capital
Licensed care is not underwritten like an office building.
Senior housing and behavioral health are our flagship expertise. These are the capital considerations that decide proceeds, pricing and whether a deal clears credit, worth understanding before you go to market.
Senior housing and assisted living
- Real estate plus a business
- Licensed care sells as real estate plus an operating business. How value is allocated between them affects the loan product, the appraisal and the tax treatment.
- License transfer
- A change of ownership runs through the state licensing agency, and lenders want the path and timeline settled before closing.
- Census and payor mix
- Lenders read the trend over time, not the snapshot, and ask about any dip and about concentration in a single payment source.
- Size shapes the lender list
- Small residential care homes and large communities are financed by different lenders. Some programs are built for scale; banks, credit unions and SBA lenders often fit smaller homes.
Behavioral health
- A narrower lender universe
- Fewer lenders finance behavioral health real estate, so matching the deal to the right ones matters more.
- Licensing and zoning
- Facility licensing, use permits and local zoning are underwriting inputs, and a lender will want them documented.
- Reimbursement exposure
- How the operator is paid, and how concentrated that is, is read as part of the credit.
- Special-purpose property
- Appraisers and lenders consider what the building is worth for other uses, which can affect proceeds.
Tools
DSCR and loan sizing.
Most permanent loans are sized by two tests: debt service coverage and loan-to-value. Enter your own assumptions to see which one limits the loan. This is an illustrative estimate, not a quote.
Illustrative estimate
Maximum loan (lower of the two tests)
$4,550,000
Binding constraint: LTV
- Max loan by DSCR
- $4,716,230
- Max loan by LTV
- $4,550,000
- Annual debt service
- $385,901
- Monthly payment
- $32,158
- Resulting DSCR
- 1.30x
- Resulting LTV
- 70.0%
- Debt yield (NOI / loan)
- 11.0%
- Annual loan constant
- 8.48%
Illustrative estimate only. Assumes a fully amortizing loan with monthly payments and no interest-only period, reserves, fees or lender adjustments to income or value. Actual loan size, rate and terms are set by third-party lenders and are subject to underwriting and approval. This is not a commitment to lend, an offer of credit or a rate quote, and it is not an appraisal.
Process
How a financing moves.
Seven steps, run the same way every time. Consistency is what makes a package credible to a credit committee.
- 01
Intake and qualification
We establish what the asset is, what the borrower brings, and whether the transaction is financeable before anyone spends money. Honest early is cheaper than optimistic late.
- 02
Underwriting and financial spreading
Trailing twelve and trailing three operating statements reconstructed, add-backs identified and defended, census and payor mix analyzed, pro forma built and stress-tested.
- 03
Lender strategy and credit-box matching
We match the deal against what lenders actually close, not what their brochure says. Geography, property type, loan size, leverage, recourse posture and turnaround all narrow the list before a single call is made.
- 04
Packaging and submission
One standardized package: executive summary, operating history, rent roll and census, licensure and survey history, sponsor background, sources and uses. Same package to every lender, so the comparison is apples to apples.
- 05
Term comparison and negotiation
Term sheets normalized side by side: proceeds, rate, term, amortization, recourse, reserves, prepayment and all-in cost. The cheapest coupon is frequently not the best deal.
- 06
Diligence and closing
Condition tracking, third-party reports, appraisal and title coordination, licensure and regulatory items, and a closing calendar everyone works from. Most financings die late, on conditions.
- 07
Post-close and maturity tracking
Your maturity date goes on our calendar the day you close, so a refinance is a plan rather than a scramble.
Advisors
Named, accountable advisors.
The team that knows what your asset is worth also works on how it gets financed. Meet the professionals, or speak with Jake Crawford directly.
Jake Crawford · (480) 766-2973 · jake@crawford.team
Questions
Straight answers.
Do you provide the loan yourselves?
No. CCGX arranges and advises. We help structure the request, prepare the underwriting package, introduce you to lenders whose credit box fits the deal, and manage the process through closing. The loan itself is made by a third-party lender, under its own terms and subject to its approval.
How long does a financing take?
It depends on the product. A bank or credit union portfolio loan generally moves fastest. An SBA loan takes longer. A HUD-insured execution is measured in months and should be planned that way from day one. We tell you the realistic timeline before you engage.
What do you need from me to start?
Trailing twelve and trailing three month operating statements, a current census and rent roll, the license and any survey history, a summary of existing debt, and a short sponsor background. That is usually enough to tell you whether the deal is financeable and roughly where.
Can you help if my census has dipped?
Often, yes. A census story is a lender-selection problem more than a dead deal. Banks tend to underwrite trailing numbers; bridge and private credit lenders will look at a credible recovery plan. Which one is right depends on how far along the recovery is.
How do you get paid?
On brokerage engagements, through the commission agreed in writing at the outset. On advisory work, through a fee agreed in advance. Either way it is documented before work begins, and we will tell you plainly where our compensation comes from on any transaction.
Do you work with my existing lender?
Gladly. If your current bank is the right answer we will say so and help you present the request properly. Our value is in the comparison, not in moving your business for its own sake.
What is the most common reason a financing falls apart?
Late-stage conditions: a missing document, a licensure item, a third-party report that comes back differently than assumed. That is why our process front-loads diligence and tracks conditions from day one.
Request financing
Request a capital review.
Tell us about the property and what the capital is for. A CCGX advisor will review it confidentially and tell you what looks financeable and roughly where.
Have a deal summary, operating statements or a rent roll? Mention them in use of funds and we will follow up for the documents.