Refinanced with one unit vacant and low appraisal.
Cash out for unit renovations.
Industrial Office Park
Summary:
Multiple Industrial / Office Flex
45,000 SF +/- project.
Multiple tenants with varying lease expirations.
Cash out.
Line of credit to fund future tenant improvements.
Medical Building With Solar Array
Summary:
Single Tenant Medical Building With Income Producing Solar Array
Long-term financing with less than 12 months on lease. Structured loan so landlord could fund improvements to renew tenant.
Rooftop solar array including in financing package. Used solar array to diversify income and demonstrate reduced risk to financing institutions to help justify a lower rate.
Office Park
Summary:
Multi-Unit, Multi-Tenant Office Building
Multiple tenants with varying lease expirations.
$2 million +/- rehab loan for fitup for major medical tenant.
Multi-Tenant Office Condo
Summary:
Multiple Industrial / Office Flex
Provided long-term, non-recourse financing with cash out.
Extensive fitup completed for new Tenant with cash out funding.
Commercial Office Park
Summary:
Two-building office park
Multiple tenants with varying lease expirations.
Provided long-term financing for stabilized asset.