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 | Dec 3, 2014
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...
by admin | Nov 3, 2014
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...
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 | Sep 2, 2014
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...
