Sherpa Capital Group
Chicago, Illinois
Direct Lender for COMMERCIAL Real Estate Investors
Sherpa Capital Group is a boutique private equity real estate firm specializing in originating bridge debt and equity investments secured by commercial properties in the Midwest, Southeast and Southwest regions. We will evaluate first, mezzanine and second mortgage loan requests for core and specialty properties, including land.
- Multifamily & CRE Bridge Loans
- Multifamily & CRE Value-Add Projects
- Cannabis-Use Industrial Properties
- CRE Development (very selectively)
- Fix and Flips (Chicago and other selective markets with experienced sponsors)
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Multifamily Value-Add
Commercial Value-Add
Multifamily Construction
Commercial Construction
Property Types
- 2-4 Units Residential
- Adult Day Care
- Auto Dealership
- Cannabis Dispensary
- Car Wash
- Child Day Care
- Club
- Commercial Condominium
- Commercial Land
- Community Center
- Condominium
- Event Center
- Gas Station
- Golf Course
- Gym
- Healthcare
- Hospital
- Hotel
- Industrial
- Manufactured Home
- Marina
- Mixed-Use
- Mobile Home
- Mobile Home Park
- Motel
- Multifamily
- Night Club
- Office
- Parking Lot
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Ranch
- Recreational
- Rehabilitation Facility
- Residential Land
- Retail
- School
- Senior Housing
- Single Family Residence
- Sports Facility
- Storage Facility
- Student Housing
- Theater
- Vehicle Parking
- Winery
Loan Types
- Multifamily Bridge
- Multifamily Rehab
- Commercial Bridge
- Commercial Property Value Add
Specialty Loan Types
- Bankruptcy Resolution
- Cannabis Use Properties
- Discounted Note Payoff
- Foreclosure Bailout
- Line of Credit Portfolio of Properties
- Note Purchase
- Partner Buyout
- Residential Long-Term Rental
- Residential Short-Term Rental
- Subdivisions
- Vacation Rental
Junior Lien Loan Amounts
$250,000 to $3,000,000
Junior Lien Interest Rates
12% to 18%
Junior Lien Loan-to-Value
70%
Junior Lien Loan-to-Cost
70%
Junior Lien Origination Fees
2% to 4%
We Fund Junior Position Loans
Often
Junior Lien Types
- Purchase
- Refinance
- Mezzanine
- Preferred Equity
Description
We can go up to 65% LTV for land development projects. If the loan is not for development of the land, the maximum LTV would be 50%. We are extremely selective with development deals.
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
- Retail Land
- Hospitality Land
Will Consider Land That is NOT Entitled
noMax LTV for Land
50%Max LTC for Land Acquisition
65%Junior Lien Types
- Purchase
- Refinance
- Mezzanine
- Preferred Equity
Max Loan-to-Purchase Price
80%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
- Equity in Primary Residence
- Family
Experience Required
yesMinimum Number of Value-Add Projects Completed by Borrower
3Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
80%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
0Maximum After Repair Value
70%Deposit Required
The deposit covers due diligence costs and a site visit. It is not a profit center for us.
Fees which are mandatory for all new borrower clients
- Deposit
Fees which are paid to a third party company
- Legal Fee
- Appraisal Fee
- Inspection Fee
- Title Fee
- Background Check Fee
- Environmental Report Fee
Contact Sherpa Capital Group
Stay Informed About Private Lending
Sherpa Capital Group LLC (“Sherpa”) is a boutique private equity real estate firm which specializes in originating bridge debt and equity investments secured by commercial non-owner occupied real estate.
Sherpa was founded in 2010 to take advantage of the lack of credit in the real estate industry. Sherpa was founded by Principals combined with 35 years of experience in the real estate lending industry on the basis of providing innovative creative lending solutions, various product offerings, and exceptional service.
Sherpa has originated and funded over 350 transactions since 2010. Our entrepreneurial lending platform is built on creativity, execution and integrity.
Office Locations
Sherpa Capital Group, LLC1070 N. Milwaukee, Chicago, Illinois 60642
Our Team
Rahul V. Shah
Managing Principal
Ashish Parikh
Managing Principal
Contact Sherpa Capital Group
Stay Informed About Private Lending
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Create a Loan Request
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Our Minimum Loan Amount Is
$500,000
What We Do
- Bridge & Value-Add Loans up to 80% LTC
- Many Types of Commercial Real Estate
- Cannabis-Use Properties
- Rural Locations
Not Available
- NO 100% Financing
- NO Residential Properties