$58,000,000 | Devon Self Storage

Property: Devon / WAFRA Portfolio Location: Tennessee, Texas, California & Wisconsin Description: 21 property portfolio with 1,463,786 sq.ft. including 10,672 storage units, 477 RV parking spaces, 7 billboard or cell tower units and 34,598 sq. ft. of business park and retail space. Loan Type: Refinance Loan Lender: Money Center Bank Client Benefits: Four separate loans[…]

$69,000,000 | Rosewood Property Company

Property: RPC Northeast Portfolio Location: Pennsylvania, Maryland, New Jersey, Kentucky & Indiana Description: 18 property portfolio, institutional quality, consisting of approximately 1,140,000 square feet with most facilities located in PA, NJ, and MD. Loan Type: Acquisition Loan Lender: CMBS Client Benefits: Full term IO payments to maximize ownership’s cash yield and IRR 10-year fixed rate[…]

$14,000,000 | REALM Group

Property: Anaheim Hills Office Plaza Location: Anaheim Hills, CA Description: 73,892 square foot class A multi-tenant office building completed in 2008 with superior freeway visibility and proximity to numerous corporate neighbors and retail amenities. Loan Type: Joint Venture Equity / Bridge Acquisition Loan Lender: Investment Management Firm / Debt Fund Client Benefits: Minimal sponsor co-investment with[…]

$7,500,000 | KOAR

  Property: Warner Center Retail Location: Los Angeles County, CA Description: 34,670 of retail space in three buildings leased primarily to national tenants. Loan Type: Refinance Loan Lender: Community Bank Client Benefits: 25-Year loan term to eliminate refinance risk 7 years of fixed interest rate to eliminate interest rate risk in early term Non-recourse bank[…]

12,230,000 | Burke Real Estate

Property: Cedar Grove Business Park & Orange Technology Center Location: Orange County, CA Description: Two multi-tenant industrial buildings totaling 129,200 square feet. Loan Type: Refinance Loan Lender: CMBS Client Benefits: Negotiated debt yield and DSCR thresholds to maximize loan potential. 10-Year fixed rate to reduce interest rate risk for the long-term hold Non-recourse loan to[…]

$28,000,000 | Newport National Corporation

Property: Summit Pointe Location: San Diego, CA Description: 150,000 square foot class A office building with future development opportunity on the 20.95-acre site. Loan Type: Bridge Acquisition Loan Lender: Debt Fund Client Benefits: Tenant improvement, leasing commission, and interest reserve to support re-tenanting and stabilization of the property Partial release allowing for flexibility in realizing additional[…]

$24,150,000 | CIP Real Estate

Property: College Business Park Location: Upland, CA Description: A multi-tenant business park comprised of 17 buildings on 24 acres and totaling 313,417 rentable square feet. The sprawling campus environment with a common park area is located in one of the most desirable markets in the nation. Loan Type: Bridge Acquisition Loan Lender: Insurance Company  […]