Hospitality – Austin, TX

$1.4MM • austin, tx Transaction Highlights Total financing of $1.4MM c-pace: $1.4MM Rate: N/A Type: New Construction building: Hospitality term: N/A Status: Closed Project Description The borrower was looking to build a new service hotel. The borrower was looking for high leverage financing solution to accompany their plan to hold the property for long term…

Office – Dallas, TX

$500,000 • Dallas, TX Transaction Highlights Total financing of $500,000 LTV of 6.94% and CLTV of 77.36% 25 years fixed Interest-Only Period for 6 months c-pace $500,000 LTV: 6.94% type: Retrofit building: Office term: 25 Years Fixed Status: Closed Project Description White Rock Tower, Dallas Texas. The subject property is a 73,000 square foot multi-tenanted,…

Healthcare – Pennsylvania

$4.3MM • Pennsylvania Transaction Highlights Total financing of $4.3MM across 4 properties LTV of 9% and CLTV of 75% 25 years fixed Interest-Only Period for a year Non-recourse with no covenants c-pace: $4.3MM LTV: 9% Type: Retrofit Building Healthcare term: 25 Years Fixed Status: Closed Project Description A former historic hospital campus had been converted…

Hospital – Southern CA

$42MM • Southern, CA Transaction Highlights Total financing of $42MM across four properties LTV of 14% 25 years fixed Non-recourse Capitalized interest reserve for two years c-pace $42.5MM LTV: 14% Type Retrofit Building: Hospital TErm: 25 Years Fixed Status: Closed Project Description The Office of Statewide Health Planning and Development (OSHPD), instituted guidelines that required…

Hospitality – Arcadia CA

$42.5MM • arcadia, ca Transaction Highlights Total financing of $42.5MM LTV of 41.30% and CLTV of 69.48% 30 Years Fixed Interest-Only Period of 2.5 years c-pace $42.5MM LTV 41.30% TYPE: New Construction Building: Hospitality Term: 30 Years Fixed Status: Closed Project Description The Le Meridien Hotel completed construction in Spring of 2021 during the Covid-19…

Condominium – Hollywood, FL

$11.8MM • Hollywood, FL Transaction Highlights Total financing of $11.8MM LTV of 23% and CLTV of 77% 30 years fixed Capitalized interest period of 3.5 years Interest-Only Period of 4 years c-PACE: $11.8MM LTV: 23% Type: New Construction building: Condominium Term: 30 Years Fixed Status: Closed Project Description Condominium Project in Hollywood, FL. Total project…