by admin | Jul 7, 2015
June 2015 DEAL OF THE MONTH EB-5 Loan The property is a large, anchored retail center that was performing. There was one large tenant that had vacated and a new replacement tenant had been identified Loan – $46.2MM Origination date – June 2010 Maturity date – June...
by admin | Feb 2, 2015
Deal of the Month JANUARY 2015 Office Building in Arizona 322,000 square foot office building located in Arizona. At origination in 2005, it was occupied by a single tenant with a lease expiration of 5/2015. The loan had a maturity date of 3/2015. The single tenant...
by admin | Jan 2, 2015
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...
by admin | Oct 1, 2014
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...
by admin | Jan 14, 2014
A/B Loan Bifurcation Property: Retail Center in California Loan Balance: $27 million Problem: The grocery anchor in this retail center went dark. The current value of the property was $12 million and it was likely that the value would recover by maturity...