Transaction Archive

Below are some of our older transactions.

Features of this deal

• Single-tenant office building
• 85% of the purchase price
• Structured with a 4-year term to allow the ponsor to implement their business plan

Office
Tampa, FL
$18.4M Bridge Loan

Features of this deal

• Townhome-style, 400-unit apartment complex
• Successfully completed transaction in under three months
• Provided funding for more than 95% of the total capital stack

Multifamily
Newport News, VA
$5.5M Joint Venture Equity

Features of this deal

• Two Class B multi-tenant suburban office buildings
• Future funding component designed to manage TI/LC costs associated with near-term rollover and lease- up initiative
• Three-year interest only term plus two 1-year extension options

Office Park
Brooklyn Center, MN
$13.2M Bridge Loan

Features of this deal

• Rebranded hotel to be opened under the TRYP by Wyndham flag, next to Texas A&M campus
• Proceeds used to pay off existing debt and and to complete pre-opening renovations
• Three-year interest-only term, plus two 1-year extensions

Limited Service Hotel
College Station, TX
$11.9M Bridge Loan

Features of this deal

•Loan proceeds used to facilitate conversion from a Comfort Inn to a Crowne Plaza
• 3+1+1, interest only, 77% loan to purchase price
• Loan structured with future funding component to complete PIP

Hotel
Orlando, FL
$19.6M Joint Venture Equity

Features of this deal

• Combined fixed and floating rate debt
• Portfolio recap consolidation
• Enabled sponsor to continue to grow his business

Industrial
Orlando & West Palm Beach, FL
$55.0M Debt Placement

Features of this deal

• 3-year interest-only acquisition financing, non-recourse debt. 84% LTC
•Garden style apartment complex with significant value-add opportunity: occupancy and rents substantially below market
• $1.2 million capital improvement facility for gut rehab of down units

Multifamily
Atlanta, GA
$7.25M Bridge Loan

Features of this deal

•Loan proceeds used to facilitate the acquisition and stabilization of the property
• 4+1, interest only
• Future funding component to manage leasing costs
• Under 40-day closing to accommodate the borrowers "time of the essence" contract

Office
Woodcliff Lake, NJ
$26.3M Bridge Loan

Features of this deal

• 3-year interest-only acquisition financing, 78% LTC
• Two class-B multi-tenant suburban office buildings
• 72% occupied by a mix of national and regional tenants
• Uniquely structured transaction allowing sponsor to reposition asset

Office
Annandale, VA
$10.0M Bridge Loan

Features of this deal

•3-year interest-only acquisition financing, non-recourse debt. 88% LTV
•Value-add/reposition play: contract rents sufficiently below market rents due to previous ownership tax structure
• Loan structure implemented to cover initial debt service shortfall

Multifamily
Houston, TX
$11.75M Bridge Loan

Features of this deal

3-year interest-only bridge, non-recourse debty
• 80% LTC
• Future funding structure for TI/LC’s
• Upside potential exists in two undeveloped pad sites

Anchored Shopping Center
Birmingham, AL
$21.6M Bridge Loan

Features of this deal

•3-year interest-only bridge, non-recourse debt. Unique asset in a premier location with strong upside potential
• Part of a $28MM capitalizations
• Highly structured transaction including: leasehold mortgage, fee mortgage, mezzanine loan, and preferred equity positions
• Overall embedded leverage of 83% LTC

Luxury Boutique Hotel
Palm Springs, CA
$10.0M Bridge Loan

Features of this deal

•3-year interest-only refinance, non-recourse debt. Highly structured
•Previous TIC ownership collapsed into single purpose entity
•97% economic occupancy with 50% physical occupancy. 100% of in-place leases roll within loan term

Office
Knoxville, TN
$13.9M Bridge Loan

Features of this deal

• 3-year interest-only acquisition financing, non-recourse debt
• 83% LTC
• Future funding structure for TI/LC’s
• Effectively a stabilized property. Sponsor needed time to secure HUD financing take-out

Multifamily
Corcoran, CA
$6.67M Bridge Loan

Call us at +1 (212) 620-2717 or