April 30, 2008
Issue: 15.4
Newton's Third Law in Action!
 
Greetings!
When I was preparing this month's newsletter... my mind wandered to thoughts of Isaac Newton. His third law of motion states: For every action there is an equal and opposite reaction.


In 2005 it seemed that anyone that could fog a mirror was borrowing $100 million to build another high-rise condo project. Now experienced investors with 25-35% down are getting denied loans on existing cash flowing properties. To paraphrase Newton: What goes too far in one direction must go the same amount in the opposite direction.

While many lenders are ducking and covering and effectively stopped the flow of money to the marketplace, there are others who are looking at this as an opportunity to build market share. Since 1994 Bison has been the "go to" resource for real estate entrepreneurs in need of capital for compelling investment opportunities. Let us know how we can be of service.

Best wishes,
David Repka
Bison Arranges Loan for
Future Downtown Sarasota Hotel
 
St. Petersburg, FL - Who says Florida tourism is dead? Believing that the west coast of Florida will continue to be a magnet drawing visitors from around the globe, Bison Financial Group arranged a bridge loan used to acquire a future development site in prime downtown Sarasota, Florida. The loan facilitated the assemblage of multiple parcels into a larger tract ideal for a 150 to 200-key hotel to be branded by one of the world's leading hospitality companies.
 
According to David Repka Founder of Bison, "We're excited to be part of the renaissance of downtown Sarasota. This site is within walking distance of all that this amazing, picturesque city has to offer both now and in the future. This is a true Class A site at a Main and Main location." Once terms were agreed upon the loan for $3.7 million funded 14 days later.

...CONTINUED

Learn More
 
In This Issue
Bison Arranges Loan for Hotel Site
Bison Secures Construction Lender
We Have Sources of Capital
Bison Secures Construction Lender for Local Residential
 Project
 
 
Local developer needed to replace their current lender... 

We Have Sources of Capital

Since 1994, the founders of Bison Financial Group, brothers David and Jared Repka, have been working with existing and new clients to arrange the necessary financing to make real deals happen. If you or anyone you know has been burned, or turned down on a financing request give us a call or send us an email. Just 3 pieces of paper allow us to analyze a transaction: An Executive Summary, a Proforma and a Source and Use of Funds. Don't let this crazy market get you down. We can help!

Contact David Repka at 727-289-4400
Bison Track Record
Learn More

 
David Repka
Bison Financial Group  -  727-289-4400
No Maybes
Tired of being told "maybe" by your current lenders? At Bison Financial Group we say Yes! or No! on the first phone call. Our deal flow has increased substantially in the last couple of months. Since we learned our trade in the wild and crazy RTC/FDIC days of the late 1980s and early 1990s we interpret this to mean that underwriting criterion and regulatory scrutiny has tightened down considerably. Our track record at closing complex transactions in as little as 8 days speaks for itself. When you are tired of the run around... please call or e-mail. We typically just need 3 pieces of paper to sniff test a new opportunity: Executive Summary, Proforma and Source/Use of Funds.