Permanent financing of a 12 story office building to be converted to a hotel managed by SLS Hotel in New York City. The hotel will contain 190 rooms, 8000 SF of restaurant space and a 5,000 SF rooftop lounge.
Permanent financing of a multi-family property comprised of 416 unit
Permanent financing for a 170,380 SF industrial warehouse building
Permanent financing of an 80 unit multi-family building
Construction financing for a 77,000 SF multifamily rental building
Refinance of a 25,250 SF commercial-office/retail building in the heart of SoHo. The loan features a 7year fixed rate loan at 3.75%, Non-Recourse.
Bridge Financing for a vacant 6 story retail/office property
Permanent financing of a 3 story parking garage in downtown Manhattan. The loan features a rate of 3.75% with a term of 10 years, Full Term Interest Only.
Permanent financing of a 6 story mixed use property comprised of 10 newly constructed residential units and two commercial units, and a new 4 story/3 unit multifamily property. The loan features 170 BP’s over the 10 year swap with a term of 10 years, 30 year amortization schedule.
Acquisition and construction financing for a condo conversion
Acquisition financing of a six story multifamily property with 20 residential units and one commercial unit, and a five story multifamily property with 11 residential units and one commercial unit. The loan features a rate of 3.5% and a term of 3 years.
Permanent, non-recourse financing of a 3-story, gut renovated 13-unit commercial property with new tenancy. The loan features 225 BP’s over the 10 year swap with a floor of 4.25% with a term of 10 years, 30 year amortization schedule.
Acquisition and subsequent construction financing of a 10 story apartment building that will be delivered vacant and turned into condos. The loan features a rate of 150 BP’s over prime with a floor of 5.75% and a term of 24 months (interest only).
Permanent financing for one commercial property and one mixed-use property
Permanent financing of a 3 story, mixed use property comprised of one commercial unit with 4 residential units; 3 story mixed use property comprised of one commercial unite with two residential units.
Permanent financing of a five story retail and office building in Manhattan. The loan features a rate of 3.25% interest only for 5 years fixed with a 5 year extension option.
Acquisition financing to acquire two adjacent commercial properties ( a 12 story 29,757 SF office building with 11 commercial units and a 12 story 26,967 SF office building with 12 commercial units)