Uncategorized

$5,100,000
Permanent Loan

AcquisitionCentral Florida Office & Industrial PortfolioOrlando, FL86,822 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 Statuatory Trust syndication with approximately 35 passive investors that invested in the property through individual…

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Met Center 15

$47,684,143 Debt & Equity Placement 257,000 SF Office Campus Austin, TX Financing Details:$28,184,143 Equity Placement $19,500,000 Bridge Loan Transaction Overview: The owners of Met Center 15 were in a distressed situation and needed to recapitalize and restructure their project. The property had a foundation defect that needed to be remediated, and the ownership group had…

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Britannia Business Center 1

$65,800,000 Debt & Equity Placement 291,591 SF Office/R&D Campus Recapitalization Pleasanton, CA Financing Details: $47,500,000 Bridge Loan $13,000,000 Mezzanine Loan $5,300,000 Preferred Equity Investment Transaction Overview: The ownership group of Britannia Business Center 1 was seeking to refinance their property in order to source funds to complete tenant improvements and also payoff an existing equity partner.…

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The Barlow

$98,620,000 Debt Placement 215,000 SF Lifestyle Retail & Industrial Development Sebastopol, CA Financing Details: $23,500,000 Construction Loan $23,800,000 Permanent Loan $5,000,000 Bridge Loan $8,820,000 Mini Perm Loan $37,500,000 Permanent Loan Transaction Overview: The property was originally an abandoned apple factory on the outskirts of Sebastopol, 55 miles north of San Francisco. The developer had planned…

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