Posts by Schelin Uldricks & Co.

Recapitalization Addison Corporate Center Windsor, CT 605,000 SF of Office Space Principals of Schelin Uldricks & Co. raised $1,557,903 in common equity to assist a partnership in the modification of its existing financing and complete the contribution and conversion of the project’s equity into shares of a non-traded REIT.

Dispostion Met Center 15 Austin, TX 257,600 SF of Office Space Principals of Schelin Uldricks & Co. assisted a private debt fund in the disposition of a $10MM mezzanine loan.

Recapitalization Progressive Corporate Campus Austin, TX 257,600 SF of Office Space Principals of Schelin Uldricks & Co. secured a $31MM senior loan and a $10MM mezzanine loan for a 2 Tenant Office Campus in Austin, TX. The refinance included a very attractive blended cost of capital, 2 years of interest only, and then a 30…

Acquisition Courtyard by Marriott Tampa, FL 128 Keys Principals of Schelin Uldricks & Co. raised $5MM of preferred equity and arranged an $11.9MM loan for the acquisition of a hotel that was to be syndicated in a Delaware Statuatory Trust. The preferred equity enabled the sponsor to close, after which they were to repay the…

Recapitalization UHC Western Regional Headquarters Las Vegas, NV 204,000 SF of Office Space Principals of Schelin Uldricks & Co. arranged $46,800,000 in senior financing and $6,000,000 in mezzanine financing to recapitalize the western regional headquarters of United Healthcare in Las Vegas, NV. The financing had a 5 year term with 2 years of IO.

Acquistion Sunlit Gardens Rancho Cucamonga, CA 100 Beds Principals of Schelin Uldricks & Co. raised $5MM of preferred equity to acquire an assisted living and memory care property in Rancho Cucamonga, Ca. The sponsor of the acquisition planned to syndicate the property into a DST. The equity enabled the sponsor to acquire the property and…

Recapitalization615 Pigeon Hill RoadHartford MSA, CT 588,445 SF of Office Space Principals of Schelin Uldricks & Co. raised $7.3MM of preferred equity to effectuate a partnership buyout in a Connecticut office building. The proceeds enabled the remaining partners to continue executing their business plan to stabilize the property.

Acquisition Pacific View Bandon, OR 99 Beds Principals of Schelin Uldricks & Co. raised $5.25MM of preferred equity for an investment company to acquire an assisted living and memory care property in Bandon, Oregon. The transaction was structured as a Delaware Statuatory Trust and the equity enabled the sponsor to acquire the property and syndicate…

Recapitalization Pleasanton Office Campus Pleasanton, CA 291,591 SF of Office/R&D Space Principals of Schelin Uldricks & Co. secured $5MM of preferred equity along with $13MM of mezzanine debt and a $47.5MM bridge loan to recapitalize and stabilize a 291,591 SF office campus east of Oakland, CA. The financing enabled a partnership buyout, and provided leasing…

Recapitalization Britannia Pleasanton, CA 291,591 SF of Office/R&D Space Principals of Schelin Uldricks & Co. secured a $13,000,000 mezz loan along with $5MM of preferred equity and a $47.5MM bridge loan to recapitalize and stabilize a 291,591 SF office campus east of Oakland, CA. The financing enabled a partnership buyout, and provided leasing funds to…