equity and debt closings.
Key features of this transaction
- 100% acquisition of condominium units for deconversion
- Domestic JV equity capital source
- 76% LTC bridge loan
Key features of this transaction
- LTC of 80%
- Domestic JV equity capital source
Key features of this transaction
- Bank financing
- Fixed rate
Key features of this transaction
- Bridge LTC of 80%
- Offshore JV equity capital source
Key features of this transaction
- 24 month term with one 12 month extension option
- Interest only
- LTV of 80%
- Future funding facility for lease-up
Key features of this transaction
- Permanent fixed rate debt combined with floating rate mezzanine financing
- Collateral included a land component
Key features of this transaction
- Co-GP and LP equity provided by an offshore Majority Capital partner
Key features of this transaction
- LTC of 80%
- Offshore JV equity capital source
Key features of this transaction
- One loan secured by 2 properties
- Combined LTV of 75%
- 36 month term with two 12-month renewal options
Key features of this transaction
- HUD FHA financing
- Fixed rate
Key features of this transaction
- LTC of 76%
- Offshore JV equity capital source
Key features of this transaction
- Multiple loans not cross-collateralized
- Fixed rate
- DUS lender
Key features of this transaction
- LTC of 80%
- Offshore JV equity capital source