$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  […]

$15,930,000 | Newport National Corporation

Property: Emerald Lake Corporate Centre Location: Carlsbad, CA Description: Three story, Class A office building totaling 83,396 square feet located at the northwest entrance to Carlsbad Research Center, the most prestigious business park in Carlsbad. Loan Type: Bridge Refinance Loan Lender: Debt Fund Client Benefits: Senior secured loan effectuated a recapitalization. 3-year loan with an[…]

$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[…]