TRANSACTIONS


The 9
$77,000,000
Ten-Year Fixed Financing

156 Room Autograph Collection Marriott, 104 Luxury “Concierge Living” Apartments, 850 Space Parking Garage

Federal & State Historic Tax Credit Subordination/Standstill & Master Lease Structure, 30 Year PILOT TIF Agreement & Tax Abatements, Adjacent Buildings Leasehold Mortgages

Loan arranged by :
Loan financed by :
One Cleveland Center Penton Media Building
$84,000,000
Non-Recourse Bridge Financing

$12,200,000 A2 Note: TILC Future Fundings

Class A CBD 1,146,319 Square Foot Crossed Office Portfolio

Loan arranged by :
Loan financed by :
Flats East Bank
$92,000,000
Senior Debt Financing

479,000 Square Foot Trophy Office Tower: $302 Per Square Foot Valuation

Subordinated Junior Debt: Cleveland International Fund & Ohio Carpenters Union Fund

Loan arranged by :
Loan financed by :
Cuyahoga County HQ
$75,465,000
27.5-Year Fixed Financing

 

$75,465,000 Tax-Exempt Bond-Financing, 222,000 Square Foot Cuyahoga County Headquarters Building.

Loan arranged by :
Loan financed by :
Westin Convention Center
$36,000,000
Non-Recourse Construction Financing

Reflagged Conversion 484 Rooms

Subordinated First Mortgage: Bridge Financing to Cleveland International Fund, Cleveland Port Authority Tax Exempt Bond Issuance

Loan arranged by :
Loan financed by :
National Terminal
$26,000,000
Three-Year Bridge Financing

80% LTC  |  Libor + 250

Acquisition/Rehab: Section 8 Conversion to Market Rate, 250 Units

Downtown Cleveland, Ohio

Loan arranged by :
Loan financed by :
University Edge
$36,250,000
Ten-Year Fixed Financing

Stabilized Cash Flow Earn-Out Pre-Funded at Certificate of Occupancy $245,000 Loan Amount per Unit

Class-A Student Housing 148 Units / 578 Beds

Akron, Ohio

Loan arranged by :
Loan financed by :
Ohio Hotel Portfolio
$24,375,000
Ten-Year Fixed Financing

Cash-Out Refinancing

70% LTV | 30 Year Amortization

Hilton Garden Inn & Marriott Limited Service, 343 Rooms

Cleveland and Troy, Ohio

Loan arranged by :
Loan financed by :
Flats Retail Phase II
$24,000,000
Three-Year Floating Rate Bridge Loan

Subordinated First Mortgage: Cleveland International Fund

Food & Beverage Retail with 31,040 Square Feet and Two Surface Parking Lots

Flats East Bank

Loan arranged by :
Loan financed by :
Tobin Lofts
$34,500,000
Ten-Year Fixed Financing

Joint-Venture Foreclosure Participation Perpetual Ownership Structure

Class-A Student Housing 225 Units / 552 Beds

San Antonio, Texas

Loan arranged by :
Loan financed by :
Rockside Office Portfolio
$29,500,000
Ten-Year Fixed Financing

Cash-Out Refinancing

70% LTV | 3 Years Interest Only

Eight-Property Office/Flex Portfolio; 388,000 Square Feet

Valley View, Ohio

Loan arranged by :
Loan financed by :
Olmsted Plaza
$25,500,000
Ten-Year Fixed Financing

Five-Years Interest Only | 4.10% Fixed

Grocery Anchored Power Center, 257,198 rentable square feet.

North Olmsted, Ohio

Loan arranged by :
Loan financed by :
Mid-Rise Apartments
$35,000,000
Ten-Year Fixed Financing

Two-Years Interest Only Followed By A Thirty-Year Amortization

85% Loan-to-Cost
Gated High-Rise Apartment Community, Nine Hundred Eighty Six Units

Loan arranged by :
Loan financed by :
Shaker Square
$12,150,000
Five-Year Fixed Financing

75% LTV | Cash-Out Refinancing

Historic Grocery-Anchored Retail Center 158,410 Square Feet

Cleveland, Ohio

Loan arranged by :
Loan financed by :
North Carolina Apartments
$15,500,000
Ten-Year Fixed Financing

Forward Commitment | 4.43% Fixed

 

Garden-Style Apartment Community, Two Hundred Sixty Six Units

Loan arranged by :
Loan financed by :
North Carolina Apartments
$14,000,000
Ten-Year Fixed Financing

Forward Commitment | 4.54% Fixed

One-Year Interest Only Followed By A Thirty-Year Amortization

Garden-Style Apartment Community, Two Hundred Seventy Four Units

Loan arranged by :
Loan financed by :
The Preserve
$33,000,000
Construction Financing

78% Loan-to-Cost

Subordinate Financing: $3,000,000 Advance Cleveland Development Fund, LLC

Upper Chester / University Circle

Loan arranged by :
Loan financed by :
Jackson Square
$12,675,000
Ten-Year Fixed Financing

Twenty-Year HAP Contract

4.60% Fixed | Cash-Out Refinancing

Section 8, Garden-Style Apartment Community, One Hundred Sixty Units

Getzville, New York

Loan arranged by :
Loan financed by :
Institutional RE Fund
$15,000,000
Unsecured Working Capital Facility

3-Year Term at L+225 | No Unused Fee

Facility to be Used By $300MM Institutional Real Estate Fund of Fund

Loan arranged by :
Loan financed by :
Luxury Apartment Community
$18,850,000
Ten-Year Fixed Financing

Ten-Years Interest Only | 65% LTV

Garden-Style Apartment Community, Three Hundred Seventy Units

Waukegan, Illinois

Loan arranged by :
Loan financed by :
Apartment Portfolio
$10,300,000
Five-Year Fixed Financing

Low-Income Tax Credit Vouchers Cash-Out Refinancing

Three Property Portfolio: 280 units.

Michigan

Loan arranged by :
Loan financed by :
Landerwood Crossing
$10,250,000
Ten-Year Fixed Financing

$283 P.S.F Valuation | 7.5% CAP

Landerwood Crossing: Brand new, 100% occupied, 49,512 square foot, Class “A” Office Building.

Pepper Pike, Ohio

Loan arranged by :
Loan financed by :
Uptown Apartments
$10,250,000
Ten-Year Fixed Financing

Two-Years Interest Only  |  Cash-Out Refinancing

Luxury Complex; 59 newly constructed apts. Valuation; $231,000 per unit.

University Circle, Ohio

Loan arranged by :
Loan financed by :
12000 Edgewater
$7,500,000
Five-Year Fixed Financing

88% LTV | Reverse 1031 Exchange

High-Rise Waterfront Apartments, One Hundred Seventeen Units

Lakewood, Ohio

Loan arranged by :
Loan financed by :
Hunter's Run
$5,000,000
Three-Year Floating Rate Bridge Financing

Three-Years Interest Only | 90% LTC

Apartment Building, 114 Units

 

Loan arranged by :
Loan financed by :
Rachel Woods Apartments
$2,980,000
Ten-Year Fixed Financing

80% Loan-to-Cost

Garden-Style Apartment Community, One Hundred Eight Units

Canton, Ohio

Loan arranged by :
Loan financed by :
Great Lakes Plaza
$4,985,000
Ten-Year Fixed Financing

Three-Year Interest Only Followed By A Thirty-Year Amortization

A 29,993 Square Foot Retail Strip Center.

Mentor, Ohio

Loan arranged by :
Loan financed by :
Quest Automotive
$8,500,000
Ten-Year Fixed Financing

ARD Structure / Single Tenant 

Industrial Manufacturing and Shipping Facility, 190,000 Square Feet

Massillon, Ohio

Loan arranged by :
Loan financed by :
Self-Storage Portfolio
$30,000,000
Ten-Year Fixed Financing

 

Seven Property Portfolio, 448,527 Square Feet

Florida and Michigan Portfolio

Loan arranged by :
Loan financed by :
Andover Apartments
$7,000,000
Ten-Year Fixed Financing

75% LTV | Cash-Out Refinancing
Three-Year Interest Only

Garden-Style Apartment Community, Two Hundred Sixty Six Units

Toledo, Ohio

Loan arranged by :
Loan financed by :
Hawthorne Valley
$14,000,000
Ten-Year Fixed Financing

 

A 319,000 square foot Sam’s Club anchored, retail power center.

Oakwood Village, Ohio

Loan arranged by :
Loan financed by :
8 Property Portfolio
$12,100,000
Ten-Year Fixed Financing

75% LTV  |  Cash-Out Refinancing

Eight Property Portfolio, 330,000 Square Feet

Ohio Self-Storage Portfolio

Loan arranged by :
Loan financed by :
17 Property Portfolio
$30,768,000
Ten-Year Fixed Financing

75% Loan-to-Value | 4.497% Fixed

Storage Zone: 798,883 square feet.

Ohio Self-Storage Portfolio

Loan arranged by :
Loan financed by :
Fountain Square
$2,658,500
Ten-Year Fixed Financing

 

53,000 Square Foot Junior Anchored Retail Center
Columbus, Ohio

Loan arranged by :
Loan financed by :
Babies R Us Plaza
$5,040,000
Ten-Year Fixed Financing

70% Loan-to-Value | 8.5% Debt Yield

A 69,950 Square Foot Junior Anchored Retail Center

North Olmsted, OH

Loan arranged by :
Loan financed by :
Apartment Complex
$9,085,000
Five-Year Fixed Financing

Two-Years Interest Only Followed By A Thirty-Year Amortization

407 unit apartment community.

Portage, Michigan.

Loan arranged by :
Loan financed by :
Best Rate Self-Storage
$5,111,250
Ten-Year Fixed Financing

80% Loan-to-Value

87,325 Square Foot Self-Storage Facility

Atlanta, GA

Loan arranged by :
Loan financed by :
Devon Self-Storage
$6,975,000
Ten-Year Fixed Financing

80% Loan-to-Cost

104,372 Square Foot Self-Storage Facility

Philadelphia, PA

Loan arranged by :
Loan financed by :
Self-Storage Facilities
$4,520,000
Ten-Year Fixed Financing

One-Year Interest Only Followed By A Thirty-Year Amortization

The Lock Box and Jax Storage Mall: 102,050 Square Feet

Georgia and Florida

Loan arranged by :
Loan financed by :
Barnegat Mini Storage
$5,100,000
Ten-Year Fixed Financing

75% Loan-to-Value | Partnership Buy-Out

102,777 Square Foot Self-Storage Facility

Barnegat, NJ

Loan arranged by :
Loan financed by :
Five Star Store It
$6,550,000
Two-Year Bridge Financing

75% Loan-to-Cost | 81% Loan-to-Value

Two Self-Storage Facilities of 108,100 Square Feet.

Ann Arbor, MI

Loan arranged by :
Loan financed by :
Atlanta Self-Storage Portfolio
$5,500,000
Ten-Year Fixed Financing

80% Loan-to-Value

Atlanta Based Self-Storage Portfolio

Atlanta, GA

Loan arranged by :
Loan financed by :
Store Express
$7,800,000
Ten-Year Fixed Financing

70% Loan-to-Value| Cash-Out Refinancing

Two Self-Storage Facilities of 151,282 Square Feet.

Pittsburgh, PA

Loan arranged by :
Loan financed by :
NJ Self-Storage
$11,512,000
Ten-Year Fixed Financing

75% LTV | Acquisition Financing

 

 

 

Loan arranged by :
Loan financed by :
Madison Commerce Center
$2,450,000
Ten-Year Fixed Financing

70.5% Loan-to-Cost

66,555 Square Foot Self-Storage, RV Storage, and Office Warehouse Facility.

New Port Richey, Florida

Loan arranged by :
Loan financed by :