The Mall at Greece Ridge- $75 ,000,000 obtained high leverage debt overcoming many lease roll changes.
PA-NJ Multifamily Portfolio- $123,500,000 fixed rate loan for 5 properties. Risk free rate lock at application, 7 year term, portfolio lender, liberal prepayment rights, only soft cross collateralization.
The Lofts at Harmony Mills- $19,500,000 construction and interim financing of 1850 lofts into multifamily apartments, financed NYS historic tax credit.
The Geneses Grande Hotel- $10,600,000 syndicate of 3 banks to provide fixed rate on-book financing, overcame concerns with non branded hotel in tertiary market.
Merrit Station Apartments- $22, 250,000 Loan for purchase, significant cap ex work and for construction of new apartment structure. Generous period of interest only, portfolio lender, unique liberal prepay structure.
Albany International Building- $29,500,000 construction and interim financing for adaptive to multifamily; also financed historic tax credits.
Copper Beech Student Housing- $20,500,000 permanent financing from portfolio lender, overcame short operational history, flexible prepayment rights.
Soundview Apartments at Savin Rock- $14,500,000 permanent financing from niche portfolio lender, risk free rate lock at application, earn out rights .