Closed Transactions

Borrower was looking to refinance a recently renovated Class “A” Office Building:

  • 4.00% interest only for fixed for 10 years
  • 60% LTV, 9.00% Debt Yield
  • No prepayment penalty
  • Non-Recourse
  • Regional Bank

Loan Amount:$20,000,000
Loan Type:Permanent Loan: office Building
Location:Southern California

Borrower was looking for lowest priced Non-Recourse Construction Loan and Joint Venture Equity:

  • 65% Loan to Cost Construction Loan
  • Libor + 3.25%, Non-Recourse
  • JV Equity funded 95% of Total Equity Requirement
  • Urban Infill 225 unit project
  • Institutional Investor
  • 1.20 DCR

Loan Amount:$95,000,000
Loan Type:Permanent Loan: Apartments
Location:Southern California