Overview

Newport Venture Capital excels in structuring financial solutions that create and maximize profitability of our clients. These customized structures include an element of financial engineering and may include debt, mezzanine financing and/or equity capital. Newport Venture Capital coordinates all of the pieces in the capital stack for a seamless transaction and maximizing the certainty of execution. These structured transactions are generally high leverage – providing up to 100% of project costs. This includes:

  • Pre-development financing.
  • Lines of credit.
  • Acquisition and development loans.
  • Constructions loans.
  • Bridge loans.
  • Mezzanine debt.
  • Joint venture capital.
  • Tax exempt bonds and municipal finance.

 



  • NVC arranged bridge financing to repay existing debt and provide additional funds to demolish a portion of the existing mall, and then reposition the project with several new national retailers.


  • Challenges included obtaining additional entitlements, renegotiation of existing ground leases and buy out of dark anchors’ leases prior to construction of new improvements.
Retail
Carson, CA
$50,000,000
Bridge Loan
 




  • NVC arranged limited-recourse construction financing and mezzanine equity capital to cover 100% of project costs for the second phase of an office/industrial condominium project on Oahu.


  • The project will include 220,000 square feet of improvements for sale to owner-users and investors.
Office/Industrial
Oahu, Hawaii

$35,500,000
Construction Loan

$5,100,000
Mezzanine Equity

 




  • NVC arranged limited-recourse construction financing for a 125,000-square-foot industrial and retail/flex project located in an emerging market within the greater Phoenix Metro area and adjacent to the Phoenix-Mesa Gateway Airport.


  • The financing was approved in less than 2 weeks, and closed in less than 30 days, from loan application.

Industrial and Retail/Flex
Mesa, AZ

$10,800,000
Construction Loan

 



 
  • NVC arranged construction financing to cover 100% of project costs for a 62,000-square-foot retail center shadow-anchored by Sam’s Club and other national retailers.


  • The financing was closed and funded 11 days after the first meeting with the sponsor, allowing the sponsor to complete at 1031 tax-deferred exchange.
Retail
Roseville, CA
$14,000,000
Construction Loan
 






  • NVC arranged construction financing covering 99% of total development costs for a 55,000-square-foot retail project. The financing structure eliminated the need for a joint-venture partner.


  • The financing was completed in 30 days.
Retail
Manteca, CA
$14,200,000
Construction Loan
 




  • NVC arranged a bridge loan and mezzanine equity covering 96% of total project costs to acquire a 340,000-square-foot retail project.


  • The mezzanine capital was structured as a non-participating fixed return, which allowed the sponsor to retain 100% of the upside profits.


  • In addition to arranging financing, NVC negotiated the purchase agreement on behalf of the sponsor with an institutional investor, achieving a significant price reduction and improved purchase terms.
Retail
Chico, CA

$24,000,000
Bridge Loan

$2,000,000
Mezzanine Equity

 




  • NVC arranged bridge financing for 100% of total costs to acquire and reposition a 40,000-square-foot, three-story medical office building into for sale condominiums.


  • The combined senior debt and mezzanine financing structure from a single source allowed the sponsor to obtain high-leverage financing without sharing upside profits with a joint-venture partner.
Medical Office
Torrance, CA

$13,900,000
Bridge Loan and
Mezzanine Capital

 


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