Posts by Schelin Uldricks & Co.

Recapitalization Guayaki Tea Corporate Headquarters Sebastopol, CA 33,944 SF of Office & Warehouse Space Principals of Schelin Uldricks & Co. secured a $4.1MM permanent loan with no prepayment penalty on a single tenant property in Sebastopol, CA. The mixed use building served as the corporate headquarters for Guayaki Tea.

Recapitalization Addison Corporate Center Windsor, CT 605,000 SF of Office Space Principals of Schelin Uldricks & Co. recapitalized a former Tenant-in-Common transaction with a $32MM non-recourse bridge loan and $10MM of preferred equity. The transaction included a discounted payoff of the former mortgage and a lease up of approximately 30% of space within the property.

Recapitalization Austin Corporate Campus Austin, TX 257,600 SF of Flex Office Space Principals of Schelin Uldricks & Co. arranged a $19.5MM non-recourse bridge loan to refinance and partially cash-out a previously completed all-equity transaction. The loan enabled the ownership group to extend key leases at the property and complete a remediation program.

Acquisition South Park Boutique Hotel Los Angeles, CA 78 Keys Principals of Schelin Uldricks & Co. secured acquisition financing for a developer acquiring an SRO Hotel in downtown Los Angeles with plans to convert the property into a 78-key Boutique Hotel. The loan had a 5 year term with an aggressive step down on the…

Acquisition 91st & McDowell Tolleson, AZ 21 Acres of Land Principals of Schelin Uldricks & Co. arranged non-recourse land acquisition financing for a 21-acre parcel of unentitled land adjacent to the I-10 Freeway west of Phoenix. The business plan was to entitle the site for multiple commercial uses and sell off the entitled pads to…

Acquisition Central Florida Office & Industrial Portfolio Orlando, FL 86,822 SF of Office & Industrial Space Principals of Schelin Uldricks & Co. arranged non-recourse acquisition financing for a 3 building sale leaseback transaction in central Florida. The transaction was structured as a Delaware Statutory Trust syndication with approximately 35 passive investors that invested in the…

Recapitalization Sonoma County Retail Sonoma County, CA 36,000 SF of Retail Space Principals of Schelin Uldricks & Co. arranged a cash out 3-year loan for a retail property along highway 12 in Sonoma County, CA. The property was leased and stabilized at close.

Recapitalization East Bay R&D Campus East Bay Area, CA 300,000 SF of Office/R&D Space Principals of Schelin Uldricks & Co. recapitalized and restructured a legacy Tenant-in-Common transaction with a $39.475MM non-recourse bridge loan along with institutional preferred equity. The transaction included a rollup of the TIC structure, a new sponsor & guarantor, and plans to…