CONVENTIONAL FINANCING

 
 
 
 
Property Type : 280,635 SF
Industrial/Office Building
Location : Carlstadt, NJ
Lender : Life Insurance Company
Exclusive : Yes
Loan Amount : $24,000,000
Loan per SF : $85.52
Loan to Value : 65%
Property Type : 121,294 SF
Office/ Flex
Location : Carlstadt, NJ
Lender : Life Insurance Company
Exclusive : No
Loan Amount : $11,500,000
Loan per SF : $94.81
Loan to Value : 68 %
Other:
* Tenants include Coach & SunGard Data Systems
* 4th transaction with same Borrower & Lender in a 22-month period
Other:
* 75 % of building net leased to A+ rated credit tenant
* Flexible structuring of on going TI/LC Reserve tied into major lease
* 1st of three transactions with same Borrower & Lender over a 16 month period
   
Property Type : 172,477 SF
Light Industrial
Location : Carlstadt, NJ
Lender : Life Insurance Company
Exclusive : No
Loan Amount : $16,000,000
Loan per SF : $93
Loan to Value : 50 %
Other:
* 12 year term/23 year amortization schedule (loan term tied into remaining lease term)
* 100 % net leased to BBB+ rated credit tenant
* 2nd of three transactions with same Borrower & Lender over a 16 month period
Property Type : 555,246 SF Warehouse/Distribution
Location : Warick, RI
Lender : John Hancock
Exclusive : Yes
Loan Amount : $13,000,000
Loan per SF : $23.40
Loan to Value : 69%
 
Other:
* Structured Leasing Achievement Reserve
* Repeat Urban Borrower
 
       
   
 
 
Property Type : 114,832 SF
Industrial Building
Location : Agawam, MA
Lender : Wall Street
Loan Amount : $2,600,000

 

Property Type : Farmingdale - Corporate Center
Location : Farmingdale, NY
Lender : John Hancock
Loan Amount : $4,900,000

 

 
 
 
Property Type : 100,032 SF
Industrial Building
Location : Bristol, PA
Lender : Wall Street
Loan Amount : $4,100,000

 

Property Type : Industrial
Location : Eatontown, NJ
Lender : John Hancock
Loan Amount : $6,100,000