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[…]

$8,490,000 | Terrapin Investments

Property: Petaluma Self Storage Development Location: Petaluma, CA Description: Development of an approximate 657 unit, 78,000 square foot, state of the art storage facility consisting of one, three story building and one, single story building located on a 1.8 acre land parcel adjacent to Highway 101 freeway in Petaluma, CA. Loan Type: Construction Lender: National[…]

$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[…]