Essex has access to more capital providers than anyone else in the business. Over the past 30 years,
Sources of capital in casinos come in many forms. While some entrepreneurs may jump into starting a casino business, others may look into getting funding from financial institutions, government funds, or even banks and other financial establishments. As the main casino business plays an important role in the local economy, the casino business must be supported with capable managers. real money pokies appThe casino business is very popular among private individuals who have long memories of winning at the casino tables. They usually have good connections with those in authority (i.e., local politicians), which give them the inside story of how the casino operations are run. Casino owners and/or CEO's hire these individuals to help them raise required funds for the operation.Essex has developed deep relationships with a wide range of lending sources, including life insurance companies, CMBS conduit lenders, national and regional banks, Agency lenders, debt and equity funds, and private investors.
Founded as part of the correspondent network of life insurance companies, Essex maintains correspondent relationships with over 35 life insurance companies, exclusively representing several in the state of Colorado. Over the past three decades, Essex has also expanded its network of lending partners in able to offer clients the ideal capital solution for any investment strategy.
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Essex Financial Group represents more than 25 life insurance companies through correspondent agreements, including 12 on an exclusive basis in Colorado. Essex also has deep, long-term relationships with senior management at several of the largest life insurance companies in the country. Our correspondent network and long-term relationships with institutional lenders allow us to provide the best capital solutions to fit each borrower's financing need.
Essex takes a different approach to commercial mortgage-backed security (CMBS) lending than most other mortgage banking firms. The most important aspect to CMBS lending is certainty of execution. Through long-term relationships and a highly-succesful track record, Essex has aligned with the top CMBS origination firms in the country to provide reliable terms, speed of delivery, and certainty of execution. Essex also has full cashiering and servicing agreements with some of the largest CMBS originators in the US, adding an additional layer of customer service and focus.
Essex has been involved in Denver's commercial real estate industry for over 30 years, and over that time, has established strong relationships with the regional and local banks. Banks play an essential role in the commercial real estate lending environment, and Essex has a firm hold on bank appetite and programs in Colorado.
Through strategic relationships with select Fannie Mae and Freddie Mac Delegated Underwriting and Servicing (DUS) Lenders, Essex has wide access to Fannie Mae, Freddie Mac, HUD, and over government agency programs.
Debt funds are raising record amounts of capital and becoming a major piece of commercial real estate finance. Debt funds create yield in various ways, including but not limited to senior and suborinated debt products, preferred equity, structured finance, recapitalizations, and transitional senior and bridge loans.
Some opportunities require a unique approach to the financing. Essex has access to several private investors that can help finance an opportunity that is not a fit for your bank.