Posts by Schelin Uldricks & Co.
$2,300,000
Permanent Loan
Acquisition 505 W 62nd Street Los Angeles, CA 26 Multifamily Units Principals of Schelin Uldricks & Co. secured financing for a 26-unit mixed use project in south central Los Angeles. The buyer acquired the property while it was in the city’s Rent Escrow Program, implemented a significant renovation, and then exited the program. The financing…
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$1,900,000
Land Loan
Acquisition El Mirage Avondale, AZ 22 Acres of Land Principals of Schelin Uldricks & Co. arranged an 18 month acquisition & entitlement loan in western Phoenix for a 22 acre site. The land loan enabled the buyer to take down the site and process entitlements for townhomes and retail. The plans required a general plan…
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$6,500,000
Permanent Loan
Recapitalization 2400 West Marshall Grand Prairie, TX 111,741 SF of Office Space Principals of Schelin Uldricks & Co. secured $6.5MM of non-recourse fixed rate financing for a single tenant net leased Lockheed Martin facility in Grand Prairie, TX
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$3,000,000
Land Loan
Recapitalization 99th Street Avondale, AZ 58.72 Acres of Land Principals of Schelin Uldricks & Co. arranged non-recourse acquisition financing for a 58.72 acre parcel of unentitled land in western Phoenix.
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$2,000,000
Permanent Loan
Recapitalization 1935 Santa Rosa Ave Santa Rosa, CA 19,500 SF of Retail Space Principals of Schelin Uldricks & Co. secured a 10 year loan fixed for 7 years at 4.5% for a long term client. The property was 100% occupied at close on a MTM basis by a pet store.
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$970,000
Permanent Loan
Recapitalization 3333 Standish Ave Santa Rosa, CA 24,985 SF of Retail Space Principals of Schelin Uldricks & Co. arranged a small balance 10 year loan fixed for 7 years at 4.5% for a long term client. The property was 81% occupied at close with 3 MTM tenants
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$2,605,000
Bridge Loan
Recapitalization STNL Office Campus Dallas MSA, TX 110,000 SF of Office Space Principals of Schelin Uldricks & Co. secured bridge financing for a single tenant net leased office building occupied by an engineering company that had 4 years left on lease. Proceeds of the loan went to payoff a lawsuit settlement. The financing had a…
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$1,150,000
Bridge Loan
Acquisition Bennet Meadows Goodyear, AZ 27.8 Acres of Land Principals of Schelin Uldricks & Co. secured a small balance non recourse land acquisition loan for a developer that was acquiring a 27.8 acre parcel of land in suburban Phoenix. Plans for the site included processing entitlements for a residential rental project, followed by a sale…
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$42,000,000
Permanent Loan
Recapitalization SOMO Village Rohnert Park, CA 579,364 SF of Office & Industrial Space Principals of Schelin Uldricks & Co. successfully recapitalized a large flex office campus in Rohnert Park, CA. The financing provided cash out for the owners, included a post-closing collateral release of land to be developed as residential housing, and the approval of…
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$5,136,000
Permanent Loan
Recapitalization STNL Office & Warehouse Sonoma County, CA 33,944 SF of Office & Warehouse Space Principals of Schelin Uldricks & Co. arranged 10 year financing for a single tenant net lease property along highway 12 in Sonoma County, CA.
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