RECENT TRANSACTIONS
COMMERCIAL
Stabilized Class B office complex located in a suburban office park, 92% occupied with stable occupancy and cash flows. First mortgage refinance at 75% LTV / 1.25x DSCR. The note was structured as a 7-year fixed rate loan with a 25-year amortization.
MULTIFAMILY REPOSITIONING
Class B- apartment complex, acquired by an entity in a portfolio note purchase and subsequently sold as an individual asset within months. First mortgage financed 90% of the buyer's all-in costs, including over $1MM in rehab and remodeling to a Class A complex. The note was structured as a 24-month non-recourse loan on an interest-only basis.









