Category : Debt & Equity

Debt & Equity

MRC arranges medical mortgage

REW
closed a $28 million first mortgage loan collateralized by a 191,676 s/f Class A medical office building located in The Heights neighborhood of Houston, TX.
Debt & Equity

Pembrook preservation deal

REW
Pembrook Capital Management closed a $20.05 million acquisition package for the Shannon Lake Apartments in Union City, Georgia. The first mortgage bridge loan of $13,575,000 and preferred equity financing of $6,475,000 enables the sponsor to preserve Low-Income Housing Tax Credit income restrictions for all 294 units through its existing LIHTC...
Debt & Equity

Mission Capital closes Amarillo hotel loan

REW
Mission Capital Advisors’ Debt and Equity Finance group arranged a non-recourse, floating-rate loan for the acquisition and renovation of a 229-key hotel at 1911 East I-40 in Amarillo, Texas. The existing property, which currently operates as an unflagged hotel, will be re-created as a dual-branded hospitality property comprising a 106-key...