Red Pine Capital Partners LLC is focused on acquiring both real property and businesses which yield existing cash flow and future appreciation utilizing specific acquisition criteria. Red Pine also originates special situation or bridge loans and other structured debt instruments that meet clear and simple underwriting criteria.
Preferred Company Profile
Experienced management team
EBITDA in excess of $500,000
Sales in excess of $5,000,000
Three year operating history
Clustered locations
Real estate owned or long term leased
Asset quality of B minus or better
Minimum transaction size of $1 million
Preferred Real Estate Profile
Fee, leasehold or condominium position
Minimum transaction size of $1 million
Equity requirements of up to $60 Million
Capitalization rates of 8% or higher
Office, retail or multifamily
Primary, secondary or tertiary markets
Asset quality of B minus or better
Preferred Loan Profile
Special situation bridge loans, mezzanine loans or first mortgage loans
Minimum loan size of $500,000
Rapid underwriting and closing required
Rates of 8.5 % and higher
At least 75% loan to value ratio
Recourse to principals and/or sponsors
Flexible collateral package including real estate and/or fixed liquid assets