Introduction to Bridge Loans

Bridge loans are short-term loans designed to cover the gap pending the arrangement of a second long-term financing. This is often availed of by companies with current loans that are about to become due. The bridge loan covers the gap before the next stage of financing is approved to avoid capital pitfalls. Bridge loans are available to individual borrowers as well. Because of the risky nature of bridge loans, they are often more expensive than standard loans but are easier to obtain. Types of Bridge Loans Bridge loans are usually categorized under operating capital loans and mortgage bridge loans. Operating capital loans are used to provide enough capital to continue operations while a second loan is pending approval. Mortgage bridge loans are used when a mortgage on company offices becomes due before the company is able to find a replacement long term mortgage loan. The business may opt for a bridge loan to pay off the current mortgage as it arranges for another long term loan, which is also used to pay off the bridge loan when the second long term loan is approved. Advantages of Bridge Loans Bridge loans are easier to obtain than long-term loan options. Companies that need a bridge loan fast are often more willing to pay higher interest rates for these short term loans to avoid capital shortages so they make the process of obtaining one generally easier on applicants. Another advantage of bridge loans is that the borrower can pay off the bridge loan anytime without the threat of prepayment penalties. Unlike traditional loans where borrowers must pay fines if they decide to pay off loans before the due date, bridge loans can be paid before the due date without any financial repercussions against the borrower. This feature makes bridge loans an attractive option for companies looking for a long-term business loan.

Clark Briner Video

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These Main Kinds of Home Loans

If you are looking to acquire a house loan, chances are good you are confused by a number of the options out there. You need several types of loans for different types of situations, and unless this really is something have heavily studied previously you most likely aren't too sure which loan is the best for you. You'll find three main kinds of mortgages available. Here we should go total three and when you might be done reading this article you need to have a much better notion of which type of loan you must choose. 1. Fixed Home Mortgage The fixed house loan is quite possibly the most common and the most famous kind of house loan for assorted reasons. The real reason for for the reason that lots of people accept it the function as the "safest" lend there. If you sign up for this sort of loan, you pay an arranged repayment amount for some time, a lot of people choose to go with a 30 yr payment schedule. The reason why a lot of people choose the 30 year loan is perfect for be simple indisputable fact that the payments would be the lowest and after the three decades the eye evens out. The one disadvantage in carrying out a longer loan is the fact once it's all regulated paid you'll have wound up paying more altogether than someone who decided to go with a 15 or 5 year loan. The financial institution will give you a few options when scouting for your time and efforts period to pay off the credit, the standard options most banks will give are a few years, ten years, 20 years, and naturally three decades. When you can comfortably spend the money for higher monthly payments it's always best to decide on a five to ten year loan. Additionally there is a type of home loan that is a branch off the fixed House Loan known as the ARM (Arm). Using this kind of loan you'll start with a lot lower monthly interest than you would which has a standard 30 yr fixed loan so each month you are going to actually end up paying less. However, it won't always figure out like this. ARM loans will fluctuate depending on the monthly interest. While the interest rate is low, your repayments is going to be less, when the interest rate is high, your instalments may well be more. 2. Convertible Loans Although fixed mortgages are the most famous form of loans, convertible loans are growing more and more popular since they permit more flexibility. In the event you go with a convertible loan though the rates are growing too much, it is very easy to simply transition to a fixed home mortgage. If alternatively rates are low, it is possible to convert up to ARM loans, which really gives the paramount of all possible worlds. There are lots of varieties of convertible loans that you can talk with you bank about, but there's one main type your bank will most likely would love you to do if you opt to decide on a convertible loan, that type is termed this balloon mechanism Loan. Balloon Loan This is the fixed rate convertible loan. You'll start off by paying small monthly payments for many years, typically around 5-7 years. After the five-7 years you'll pay the remainder of the loan a single large payment. So why would a Balloon Loan possibly be the best option for you? If you believe you could be selling your home from a short time instead of residing in it for 20-30 years then this is the best option for you. The reason behind this is because you receive to benefit from the low interest rates, however, you aren't locking up your money in the house. When you elect to trade your home, you are going to sell it for any large amount of cash and be able to pay off the credit together with the money you sold it for. 3. Special home loans This is a worth it to read type of loan, but it's only being offered with a certain group. If you're a very first time buyer or don't possess excellent credit, you then could most likely be eligible for this loan. They are great loans to help you build your credit, however they aren't for everybody because by the time all is said and done you will have ended up paying more income. However, if you wish to perform some credit improvement this is the type of loan you need to opt for. As you can tell there are a few different loan options on the market so that you can select from, it is best to speak to the lender which will be loaning the particular money to understand which loan fits your needs. Make absolutely certain that whatever loan you are going with you're sure you can create the repayments soon enough.

Clark Briner Slide Document

I thought I would share this new slideshare document:

What is Real Estate Investment Banking?

Although it is a very good investment, the real estate is a very intricate market for investors. Not only does it require a sizable amount of capital, but one needs to do a lot of research on the particular state of the market before investing. Often, interested investors have some trouble trying to find the best source of capital as well as the best agents to handle their investment. Commercial banks are not always a good idea when it comes to capital for real estate, especially when it is a big investment that involves large amounts of money. Even if they can provide credit for investors, their terms may not be suitable for many large scale investors given the dynamics of real estate. Real estate investment banking helps to bridge the gap between creditors and credit seekers.

In a typical situation, an investor will identify the occasion as well as the size of the real estate that they plan to invest in. After identifying their preferred investment location, the investor will then approach an investment bank with their ideas. From there, the job of a real estate investment bank is to estimate the overall cost of the investment, and assess its feasibility given the market prospects and other factors such as taxation. Once they have the estimates, the investment bank then goes ahead to search and identify the most appropriate credit providers for the job. Potential credit providers are selected basing on a host of factors. Usually, the Investment bank scrutinizes their terms and conditions to see if they are suitable for that particular occasion.

In essence, a real estate investment bank borrows the amount on behalf of its client. This part of the job is considered one of the core activities of an investment bank, and it is variously referred to as underwriting. In strict terms, underwriting is a practice that involves borrowing against a given asset or bond. Clients are usually willing to provide these assets, and the investment bank can present the assets to various potential creditors to act as collateral for the cash they want to borrow.

Credit Sources

Usually. Real estate investment banks raise their capital from trading in the market, which may or may not be on behalf of investors. Often, people borrow from these institutions in exchange for the control of their estates. In this case, the bank also acts a real estate agent for their client. The investment bank may also borrow, against the same assets, from other financial institutions, including conventional commercial banks.

Clients

Clients for corporate real estate investment banking range widely from wealthy individuals to large and medium corporates or even governments. Governments are known to have large assets at their disposals, and they can also borrow against special called government bonds. Investment banks usually run a thorough scrutiny of the assets, evaluating the scope of possible investment, the type of asset as well as the risk profile of these assets.

There is actually very little difference between real estate investment banking and other investment banking options today. Perhaps the main difference is the nature of the real estate market compared to the conventional stock market.

Laws in some countries have placed clear guidelines to separate investment banking from mainstream commercial and retail banking. However, commercial banks in many countries also play the part, maintaining an "investment banking" section that usually operates parallel to commercial banking.

Conflict of interest

Due to the intricate nature of these institutions, there have been concerns about conflicts of interest arising from the varying functionality of corporate Real estate investment banking. Since these banks also operate with real estate agents, valuation may turn out to be a problem. There are cases where brokers and real estate agents have compelled invested banks to value their property highly, with threats of withdrawing their investment business to competitors.

According to real estate and investment experts, it is very difficult, practically, for investment banks to serve the interest of both the investor and the credit issuer at the same time. Somehow there will be temptation of biasness, and some institution may have their own vested interests in the valuation and management of the estates.

However, real estate investment banking is one of very few options that potential large scale investors have for raising capital in the real estate industry. The institution handles capital needs for a wide range of activities, including property acquisition, recapitalization as well as ground-up development. Clients are also furnished with advisory services from the banks in order to help them make better investment decisions.

Clark Briner

About Clark Briner

Clark Briner is currently best known, in a professional capacity at least, for his position as managing director at Revere Capital, a role he has enjoyed since 2010 and continues to occupy today. Since he took over, he has taken full advantage of the objectives placed before him, such as improving capital markets and strategic growth, and has been successful in expanding the firm from one that solely dealt with one-off investments to one that now has multiple real estate investments worth over $200 million. On top of this, he is chairman of a committee with no loss of capital and a net, annual return above 13%.

The four years in which he has achieved all of this show a lot about the man's professionalism, qualities and skills; however, they are just four years within a much longer and varied career and a life where he appears to be devoted to both bettering himself through education and improving the companies he joins.

Clark Briner's education from his original interest in science to later endeavours at Harvard.

Clark Briner clearly would not be where he is today without a strong and extensive education in business and finance and a drive to succeed but these disciplines were not his first choice. Interestingly, Biology was his first major, as he studied for his Bachelor of Science Degree at Texas Tech University in Lubbock, and this was balanced by a place on the university soccer team. From there, he moved on to Dallas' Southern Methodist University for an MBA in Business Administration, with a focus on Finance and Business Strategy, and the chance to study abroad in France and Germany. During his years at university, Clark was made President of Class 43, he was involved in a number of honor societies – Omicron Delta Kappa, Cardinal Key and Order of Omega – and he was awarded the Edwin L. Cox Leadership Scholarship. Briner completed his post-graduate studies in 2001 and would later take Harvard courses on Advanced Real Estate Finance and Negotiation for Executives.

Clark Briner's previous experience in finance and business and his interest in politics.

Clark has enjoyed an established career in his field since his graduation from Southern Methodist University but his work experience began long before then as he balanced his academic life with some political work. From 1996 to 1997, Briner worked as regional director for Senator Phil Gramm, a role that involved the management of a office covering 42 counties, maintaining political relationships within the community and developing a grassroots network with numerous community leaders and campaigns. During this time, he was able to successfully negotiate 179 media events and develop a algorithm for a tracking program so that his office could monitor the media more effectively. After his year with Gramm, Clark took his skill set to the campaign for the election of Sam Johnson for Congress. There he acted as Director and was responsible for overseeing all functions and fundraising, managing more than 200 volunteers and dealing with the strategy and finances. Among his achievements during this four year period were the ability to increase revenue by 52.6% and a 34% expense reduction.

After dabbling in politics and getting his MBA, Clark Briner moved to MacFarlan Capital Partners as an associate – quickly being promoted to Vice President the following year – where his roles involved close work with the legal team in reviewing investments, closing deals and moving the information to the management team. As he did this, he was responsible for the execution of transactions worth $410 million and measures to improve the running of the company, both of which are undoubtedly, largely responsible for his later promotion to Director in 2004. Briner held this position for two years, managing and maintaining crucial relationships and investment opportunities and heading the capital markets group.

Next came a brief, one year stint as Executive Vice President at Realty Capital Partners – where he worked on the investment committee, expanded the LA office, oversaw strategic change, enhanced procedures, increased capital flow by 36% and secured transactions worth over $42 million – and this was swiftly followed by a move to Deutsche Bank. This would be his last job before his current role at Revere Capital. There Briner worked in an advisory role, dealing with clients', to help with their real estate transactions and restructuring their mandates, as well as with sponsors and equity and debt partners. His work as senior coverage officer meant overseeing more than 100 real estate investors, both at home and abroad, and he was also influential on the business selection committee.

Clark Briner's other achievements from his awards to his charity work.

Of course there is more to the man than just the work-related achievements and a list of previous positions, roles and qualifications; there is also a lot to learn about him from his work outside of the office and his other notable achievements. During his long career, Briner has been both a board member of the Scudder Real Estate Corporation and Chairman of the Congressional Youth Advisory Committee and, in one of his more unusual honors, he was one of just six lucky students chosen for the Disney Management Program at the Disney Institute. Beyond that, Clark has shown his charitable spirit by supporting the Multiple Sclerosis Society through raising money in nine different charity bike rides and he has travelled extensively, venturing even further than his educational trips to Europe by visiting every continent – including Antarctica.

Clark Briner: traveller, academic, politician and real estate investor.

When summarizing the career of Clark Briner, it is difficult to succinctly describe who he is one sentence because there have been so many strings added to his bow, many different chosen career and academic paths and an apparent desire to move on to a new company once he has made his mark. His current work and success at Revere Capital showcases the height of what he can achieve but it is important to remember the detours into politics, the promotions in other companies, the different educational ventures and his work outside the office in order to get the full picture of the man.