CONVENTIONAL FINANCING

 
 
 
 
Property Type : 610,250 SF
Office
Location : New York, NY
Lender : Institutional Equity
Exclusive : No
Loan Amount : $24,000,000
Loan per SF : $39.33
Loan to Value : N/A
Property Type : 249,090 SF
Suburban Office Building
Location : Kennett Township
Lender : John Hancock
Exclusive : No
Amount : $26,500,000
Loan per SF : $106.39
Life Loan to Value : 55%
Other:
* Preferred equity investment behind Hancock's $95MM first mortgage Equity to be used for lease up costs of 35% of building.
* Repeat Urban client.
Other:
* 20 year term / 30 year amortization schedule
* Regional headquarter campus of a A- credit rated tenant
* Cash flow sweep beginning 15 months before lease expiration
   
Property Type : 544,654 SF
Office Building
Location : New York, NY
Lender : Wall Street
Exclusive : No
Loan Amount : $93,000,000
Loan per SF : $170.75
Loan to Value : 75%
Property Type : Premier Corporate, Center I & II
Location : Tampa, Florida
Lender : John Hancock
Loan Amount : $6,200,000

 

   
Other:
* Class A, Financial District Submarket
* Home to NYC Department of Investigation
* Fourth transaction with same Borrower & Lender in a 24-month period
 
   
       
   
 
 
Property Type : 5 Penn Plaza
Location : New York, NY
Lender : John Hancock
Loan Amount : $100,000,000

 

Property Type : 315 Park Ave. South
Location : New York, NY
Lender : John Hancock
Loan Amount : $50,000,0000

 

   
   
 
Property Type : 260 11th Ave.
Location : New York, NY
Lender : Bank
Loan Amount : $36,100,000