$34,000,000 | Catalyst Storage Investors

Property: West Coast Self Storage Portfolio Location: Costa Mesa, San Pedro, and Santa Clara, CA & Vancouver, WA Description: 5 recently constructed, institutional quality facilities totaling 252,352 square feet. Loan Type: Refinance Loan Lender: Life Insurance Company Client Benefits: Future earn out structured so ownership could capitalize on improvements in cash flow 5 years of[…]

$15,875,000 | William Warren Group

Property: Byram & New Haven Self Storage Location: Port Chester, NY & New Haven, CT Description: 115,000 rentable square feet in a 6-story self storage property comprised of 912 units and a 5-story self storage property comprised 1,063 units. Loan Type: Acquisition Loan Lender: CMBS Client Benefits: 10-year fixed rate loan to lock into long-term[…]

$13,345,000 | World Class Capital Group

Property: 24314 The Old Road Location: Santa Clarita, CA Description: Development of a 100,000-square foot self storage facility on a 2.39-acre site located along Interstate 5 in Los Angeles County. Loan Type: Construction Loan Lender: Regional Bank Client Benefits: Low LIBOR floating rate to maximize the investor’s IRR 4-year term provides time frame cushion to[…]

$12,230,000 | Burke Real Estate Group

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[…]

$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[…]

$16,140,000 | CIP Real Estate

Property: Whitehall Technology Center Location: Charlotte, NC Description: Two class A office/flex buildings totaling 204,800 square feet located in a 700-acre master-planned business park. Loan Type: Bridge Acquisition Loan Lender: Money Center Bank Client Benefits: Non-Recourse bank loan to limit sponsor’s risk Low LIBOR floating rate to maximize cash flow Interest only during full term 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[…]

$8,467,000 | The Bascom Group

Property: Pebble Cove Apartments Location: Las Vegas, NV Description: 90-unit, garden style, apartment property featuring one, two, and three bedroom units within eight buildings on a 4.13-acre site. Loan Type: Bridge Acquisition Loan Lender: Regional Bank Client Benefits: Higher leverage loan against total project costs Low LIBOR floating rate to maximize cash flow 30 months of[…]

$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[…]