CONVENTIONAL FINANCING

 
 
 
 
Property Type : 430,000 SF
Enclosed Mall
Location : Decatur, GA
Lender : Wall Street
Exclusive : Yes
Loan Amount : $28,000,000
Loan per SF : $65.12
Loan to Value : 80%
Property Type : 250,000 SF Grocer Anchored Center
Location : Carle Place, NY
Lender : John Hancock
Exclusive : Yes
Loan Amount : $30,000,000
Loan per Unit : $120,000
Loan to Value : 40%
Other:
* Permanent fixed-rate acquisition financing
* Property to be re-positioned as regional power center
* 8th transaction with same Borrower & Lender in a 24-month period
   
Other:
* Earn out potential upon completion of a to-be-built Stop and Shop
* Tenants include Barnes and Noble, Starbucks, PC Richards
* Repeat Urban client.
   
   

   
 
Property Type : 245,000 SF
Power Center
Location : Seldon, NY
Lender : Wall Street
Exclusive : Yes
Loan Amount : $38,000,000
Loan per SF : $155.10
Loan to Value : 80%
 
Property Type : 470,000 SF
Enclosed Mall
Location Rocky Mount, NC
Lender : Wall Street
Exclusive : Yes
Loan Amount : $42,000,000
Loan per SF : $89.36
Loan to Value : 80%
 
 
Other:
* Acquisition financing which included three 1031 exchanges
* Tenants include Home Depot, King Kullen, Old Navy, CVS, Kaybee Toy
* Repeat Urban Client.
   
 

Other:
* Borrower faced with anchor tenant vacating and two expiring leases, but during contract due diligence, was able to lease a large portion of vacant space and extend both leases.
* 9th transaction with same Borrower
   
   
 
 
Property Type : BJ’s Wholesale
Location : Oakhurst, NJ
Lender : Protective Life
Loan Amount : $3,900,000
Property Type : Independence Plaza
Location : Selden, NY
Lender : Wall Street
Loan Amount : $38,000,000

 

 
 
 
Property Type : Stewart Plaza
Location : Garden City, NY
Lender : John Hancock
Loan Amount : $4,200,000

 

Property Type : Costco
Location : Union, NJ
Lender : Lafayette Life
Loan Amount : $7,000,000