Artemis Realty Capital

About Artemis Realty Capital

Artemis Realty Capital is private money lender headquartered in Phoenix, AZ. They offer loans in Southern California. They provide loans for a variety of scenarios, including hard money loans for commercial properties, hard money refinancing, and bridge loans. Their loan parameters are versatile, including loan amounts ranging from $1,000,000 to $25,000,000 with a maximum LTV of 75%, rates ranging between 8% and 12%, and terms between 1 month and 36 months. They provide loans on the following property types: multi family, apartments, office units, retail units, hotels, storage facilities, senior living facilities, mixed use buildings, warehouses, industrial buildings, medical facilities, raw land, and churches.

Loan Types Offered: Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land, Church

Areas Served: Southern California, AZ, CO, TX, NV, UT

Lending Guidelines for Artemis Realty Capital

Below are the general loan guidelines published on the Artemis Realty Capital website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Artemis Realty Capital.

Loan Example 1

Artemis Realty Capital issues a hard money loan to Kathy for the purchase of a new retail space after she is denied a conforming loan by her local bank due to a subpar FICO score. The new property is listed for $400,000. Since there is a 50% loan-to-value (LTV) agreed to by the lender, the loan principle amount will be $200,000. The additional $200,000 will be be funded by Kathy. The lender also specifies the following terms to the loan: 1) a 13% interest rate, 2) a 6 month term with interest only payments to be made each month, 3) an origination fee of 4 percent paid by Kathy at closing, and 4) no pre-payment penalty. Kathy can eliminate the loan at any point by paying back the $200,000 of principle, but she will must make $2,167 monthly interest payments ($200,000 principle amount x 13% interest / 12 months) in the interim, or up to the point the note expires. Since there is not a pre-payment penalty, the only additional expense she will have to pay is the $8,000 origination charge which she will contribute at the closing.

Loan Example 2

Candice is a real estate investor in Acton, CA. She buys a run-down property for a rehab project and takes a hard money bridge loan from Artemis Realty Capital with the following features:

a) A $310,000 purchase price, b) a 75% loan to value (LTV), c) a 18 month term, d) a 12% interest rate, and e) a 1% origination fee.

Assuming a $387,500 sales price at the end of the 18 month term, the numbers for the deal would look like this:

$387,500 sales price
- $232,500 loan principle (75% LTV)
- $77,500 cash paid at closing (25% on 75% LTV)
- $2,325 origination fee (1% of the $232,500 principle amount)
- $41,850 total interest paid (18 months x 12% interest)
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= $33,325 total profit (doesn't include taxes or renovation costs)

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