SEEKING: US$17.3MILLION in a three-year mezzanine loan at 13%p.a. interest, with a 25% equity stake at the end. A personal guarantee is available by the owner with $300 million in networth.

The site ( 33.32 acres of land with 318,251 SF of GLA) is in a midsize city in the State of Washington with population of about 80,000.  Total Project Cost: US$57,252,000. The developer has secured 4 major anchor tenants like Sears, Gottschalks, ShopKo, and 8 junior anchor tenants. Land has been secured. A Seattle bank is to lend $48million for the development. Appraised value of the development: $72,770,000 as complete, $9,600,000 as is, and $73,800,000 as stabilized.

Notice: Details of the deal/project will be provided upon signing of NDA/NCA with Premier Capital. If interested in any of the deals/projects listed, please email indication of an interest at: james@premcapital.com Attn. James Kim, Managing Partner.

SEEKING:  US$10 MILLION of which $7m in financing and $3m in equity investment.

The proposed development site (16,000 pyung)  is in the third largest city in Korea to be developed into a water park. A world leading water park design and developer in Canad is going to develop it as a turn-key. The Canadian company will provide all equipment and recreational facilities. Total cost: $26 million. Land was acquired while the Canadian developer will provide Canada Export-Import Bank funding for $11million, and domestic Korean bank for $7million loan, and domestic investment for $3million. Equity contribution: $5million plus land for $1.1million

SEEKING: US$10 MILLION in financing or part investment and financing.
TERM:  Three to five years.

Korean Jinro “soju” is very popular low alcohol drink in Korea and Japan. It is No. 1 drink in Korea. A Korean company with former Jinro employees has set up a corporation and factory in Beijing for manufacturing and distribution in China.