Equity Transactions
Glacier's equity investments include both core and value-add properties in land-constrained, high replacement cost markets across the US and select international markets.
Core Plus Investments Glacier’s Core/Core Plus strategy targets stable, income producing assets that are conservatively underwritten, efficiently capitalized, and managed in a cost-effective manner to provide security with respect to principal preservation coupled with long-term stable income stream. Value-Add Investments Glacier’s value-add strategies are designed to provide superior returns through investments in transitional assets/locations, re-positioning existing properties, and through ground-up developments. Glacier has the flexibility to act as the operating partner or as an equity investor along with an experienced operator/developer. Glacier structures each transaction to provide the optimum returns on a well-defined, risk adjusted basis. Desired Property Types Single Assets and Portfolios of:
- Multifamily and residential condominiums
- Office buildings
- Retail Properties
- Hotels
Debt Financing
Glacier provides a full range of structured financing solutions including land, bridge, mezzanine, preferred equity, and select construction.
First Mortgage Loans Short to medium term, non-recourse bridge loans for acquisitions, refinancing, recapitalization or renovations. Glacier generally targets origination of loans with a 1 to 5 year term to borrowers who are seeking to reposition and unlock and/or enhance the value of their properties. Mezzanine Financing Glacier will originate subordinate mortgages or mezzanine loans as gap financing for borrowers who need to bridge shortfalls between their newly sized loans and their existing debt or acquisition basis. Glacier targets its subordinate financing instruments with careful attention to the existing senior financing terms and inter-creditor agreements, property valuation, and exit strategy. Preferred Equity Bridging equity requirements for owners seeking capital for acquisition, re-financing, development projects, or needing additional liquidity for other purposes. Financing Terms
- Transaction Size : $10M to $150M+ in size
- LTV / LTC : up to 90%
- Non-recourse
- Term : 1-10 years
- Collateral: All Major Property Types