January 12, 2015

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Funding for Land Development Project Loan

Funding for Land Development Project Loan

 

TNS Loans is currently working on a loan for Phase 1 of a land development in the State of Colorado.  The development is situated in the Black Forest and will have sites of 2 to 5 acres. The land was family owned for several generations and received final approval from the county in December.   The development is valued between $3mm and $5mm.

January 5, 2015

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Bank note purchase on large metro development in the midwest

Bank note purchase on large metro development in the midwest

TNS Loans is currently working on the purchase and recapitalization of a note in the Midwest.  The note has a face value of just north of $12mm and the current owner is looking to secure another $4mm capital.  The cash injection and discount on the note will allow the project to move forward and take advantage of a large pool of tax incentive funds.

TNS Loans is working both as a capital partner and note negotiator.  TNS Loans is a Private Capital and Loan company based in the Denver Colorado metro area.

January 5, 2015

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Bridge Loan on Water Rights and Land Purchase in Nebraska

Bridge Loan on Water Rights and Land Purchase in Nebraska

 

TNS Loans completed the funding of a hard money bridge loan transaction for the purchase of water rights and acreage in Northwest Nebraska.  The transaction was funded within 3 business days from submittal of the loan request.  The loan closing took place in multiple states requiring coordination of documents and funding within a tight window.  Valuation was completed in one day on the loan and term sheet produced  the same day.

This loan will allow the buyer time to determine if they will resell both the water and land together or strip the water (valued at twice the land) and keep the land for other uses.

TNS focuses on funding private capital on asset backed loans including real estate, water and equipment.  TNS also purchases judgments and defaulted notes.

 

December 24, 2014

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39 Single Family Homes being sold in Tempe, Arizona

39 Single Family Homes being sold in Tempe, Arizona

 

TNS is working with through an established (we have bought several loans from them) contact with a hedge fund to help facilitate the sale of 39 single family homes in the Tempe Arizona market. 38 of these homes are college rental properties and 100% occupied. The 39th property is a large high end home. The package is being marketed at 75% of a recent appraised value. The hurdle for most buyers is the large home represents appox 30% of the portfolio value. With a motivated seller in a strong market the package should move soon.

October 15, 2014

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Completed Funding of a $7mm+ Note Purchase

Completed Funding of a $7mm+ Note Purchase

TNS Loans completed the funding of a defaulted note purchased from a local bank.  TNS was able to fund 100% of the purchase price plus interest carry for up to 6 months.

May 1, 2014

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Financing of $1.5mm in Water Rights

Financing of $1.5mm in Water Rights

TNS Loans completed a loan for the cash out on water rights valued at just over $1.5mm in Colorado.