December 2014 DEAL OF THE MONTH Office Building in Texas 150,000 SF office building located in Texas, within the Texas Medical Center. It was previously occupied by a single tenant that terminated its lease, leaving the building 100% vacant. Loan $33.5 million...
Case Studies References November 2014 DEAL OF THE MONTH Retail Center in Texas Matured Loan with unstable tenancy. Occupancy at the property fell significantly just prior to maturity, when a large tenant closed their doors and stopped paying rent. Although the value...
Case Studies References October 2014 DEAL OF THE MONTH Office Building in Virginia The largest tenant had a lease expiration a year before the maturity date of 2/2015. The tenant did not renew. Current rental rates were significantly less than they were at...
Case Studies References September 2014 DEAL OF THE MONTH Anchored Retail Center in Oregon A grocery anchor tenant terminated its lease prior to loan origination and moved to a neighboring property. As part of the termination, use restrictions were put in place that...
August 2014 DEAL OF THE MONTH Anchored Retail Center in Georgia A large grocery anchored retail center in Atlanta, GA with an $18MM CMBS loan originated in 2005 suffered the loss of the grocery anchor, triggering co-tenancy clauses in leases for most of the remaining...
