Joint venture equity and construction financing for NoHo Commons, a 650,000 square-foot mixed-use development, offering 438 Class-A apartments, 278 residential loft units, 13 live/work units, 60,000 square feet of retail space and 1,600 parking spaces. NoHo Commons is located in the NoHo Arts District in North Hollywood, California and is part of the 740-acre master-planned North Hollywood Redevelopment Project. NoHo Commons is a public/private partnership with the City Redevelopment Agency of Los Angeles and the U.S. Department of Housing and Urban Development. Twenty percent of the multi-family units in NoHo Commons are designated for low income or "Income Restricted" tenancy.
First Mortgage Leasehold Financing for PIER 39, a multi-tenanted, specialty retail shopping center located on the San Francisco bay in San Francisco, California. PIER 39 offers 107 specialty retail shops, restaurants and entertainment venues. PIER 39 is recognized as one of San Francisco's leading tourist attractions. The financing on PIER 39 equates to a loan of over $630 per leasehold foot.
First Mortgage Leasehold Financing for an internationally renowned, multi-tenanted, specialty retail shopping center located on the bay in San Francisco, California. PIER 39 offers 116 specialty retail shops, restaurants and entertainment venues, as well as a 980-stall garage located directly across the street from the property.
Construction financing for a mixed-use development comprised of 410 luxury apartments, 27,000 square feet of retail space, and subterranean parking for 1,170 cars. This landmark development is located at the southwest corner of Manchester Avenue and Lincoln Boulevard in the community of Westchester in West Los Angeles.
First Mortgage Leasehold Financing for PIER 39, a multi-tenanted, specialty retail shopping center located on the San Francisco bay in San Francisco, California. PIER 39 offers 107 specialty retail shops, restaurants and entertainment venues. PIER 39 is recognized as one of San Francisco's leading tourist attractions.
First Mortgage Financing for The Shops at Canal Place, a Saks Fifth Avenue anchored, enclosed regional shopping mall located in Downtown New Orleans, Louisiana. The 216,367 square-foot mall includes a 1,606 stall parking garage and is part of the 2.15 million square-foot mixed-use Canal Place development. Other tenants in the mall include Tiffany's, Armani, Anthropologie, and Lululemon.
First Mortgage Financing for a 216,367 square-foot multi-tenanted, Saks Fifth Avenue anchored, enclosed regional shopping mall, including a 7-story, 1,606 car parking garage, located in the Central Business District of New Orleans, Louisiana. The Shops at Canal Place is part of the 2.15 million square-foot mixed-use Canal Place Development that includes a 438-room Wyndham Hotel and a 32-story, 641,415 square-foot office building.
First Mortgage Financing for a 146,205 square-foot community shopping center on the island of Oahu, Hawaii. The property is anchored by Babies “R” Us, TJ Maxx, Petco Supplies & Fish and Longs Drugs.
Sale of a 542-unit senior multi-family project and entitlements to redevelop the property into a 1,109-unit seniors apartment project plus 89 units of assisted living. University City Village is located within the Golden Triangle of La Jolla. Amenities include a public 9-hole par 3 golf course, swimming pool, and a Recreational Center.
First Mortgage Financing for a 240,000 square-foot entertainment shopping center anchored by a 12-screen Century Theatre, Fleming's Prime Steakhouse, and P.F. Changs China Bistro. The property is located at the corner of Bob Hope Drive and Highway 111, in Rancho Mirage, California.
$36,000,000 of First Mortgage Interim Financing and $2,000,000 of Mezzanine Financing for a 542-unit Seniors Multi-Family Project located within the Golden Triangle of La Jolla. Amenities at the project include a public 9-hole, par 3 golf course and a Recreational Center.
Joint Venture Equity Financing for Phase I of NoHo Commons, a 650,000 square-foot mixed-use development located in the NoHo Arts District of North Hollywood, California. Upon completion, Phase I of NoHo Commons will provide 438 Class "A" and affordable apartments in 8, five-story buildings plus parking for 858 cars. NoHo Commons is a public/private partnership with the City Redevelopment Agency of Los Angeles and the U.S. Department of Housing and Urban Development. Twenty percent of the multi-family units in NoHo Commons is designated for low income or "Income Restricted" tenancy.
First Mortgage Financing for a portfolio of single-tenant ShopKo stores located in Bend, Eugene and Salem, Oregon. Each of the properties are located at the most dominant intersection in their respective trade area.
First Mortgage Financing for a 225,000 square-foot shopping center whose major tenants include Sportmart, Pet Smart, Borders Books and Bed Bath and Beyond.
First Mortgage Financing for the fee simple interest in the Sportsmen’s Lodge, a 34,250 square-foot banquet and restaurant facility. The property is located at the northeast corner of Ventura Boulevard and Coldwater Canyon Avenue in Studio City, California.
First Mortgage Interim Financing for the Shops at the Pier, located on The Strand in Hermosa Beach, California. The property, located on the beach at the base of the Hermosa Pier, is comprised of 18,192 square feet of retail space and 9 apartment units.
Leasehold Construction Financing for a 31,000 square-foot specialty open-air shopping center located on the Pacific Coast Highway in Malibu, California. The center will offer an exclusive collection of local and national tenants including J.Crew, Tory Burch and Theory.
Long term, fixed rate, interest-only financing for a 12,845 square-foot shopping center located in the prestigious Brentwood neighborhood of west Los Angeles, California. The Property offers various retail options for its customers, including beauty treatments, yoga-Pilates studios, restaurants, coffee shops and other boutique retailers.
First Mortgage Financing for a 206-unit luxury apartment complex. Amenities include two swimming pools, a fitness and business center, covered parking and detached private garages.
First Mortgage Financing for a condominium component of a larger mixed-use development known as “Block Y” in Chicago’s West Loop. The property is excellently located at the southwest corner of West Madison and Throop Streets and contains 27,807 square feet of ground floor retail space and an adjacent five-story, 149-space parking garage.
Long term fixed rate financing for a 12,845 square-foot boutique retail shopping center anchored by Starbucks, Le Pain Quotidien and Maha Yoga, one of West Los Angeles' premier Yoga studios. The property is located in the prestigious West Los Angeles neighborhood of Brentwood, California.
Preferred Equity Investment for a 250,000 square foot entertainment retail center, located adjacent to Fisherman's Wharf on the San Francisco Bay. Pier 39 is San Francisco's largest tourist attraction with over 15 million visitors annually.
First Mortgage Financing for a 47,000 square-foot urban free standing Ralphs Supermarket, located in the Miracle Mile district of Los Angeles, California.
First Mortgage Financing for a 48,132 square-foot, multi-tenanted shopping center located in Portland, Oregon. Tenants at the property include BJ’s Pizza, Grill and Brewery, Denny’s, McDonald’s, Sleep Country USA and Verizon Wireless.
Acquisition Financing for a 9-story, 46,622 square-foot mixed use building located in the Center City area of downtown Philadelphia, Pennsylvania. The building is 100% leased to Foot Locker on the ground floor with 30 residential units on the upper 8 floors.
First Mortgage Financing for a high-end, luxury, boutique retail center located on the exclusive San Vicente corridor of Brentwood, California. The property is leased to Theory and Helmut Lang, two New York based high-end luxury retailers.
An 80% Construction loan for a 9,500 square-foot high-end, luxury, boutique retail center, located on San Vicente Boulevard, in the prestigious residential community of Brentwood, California. The property will be 100% leased to Theory and Helmut Lang, two New York based high-end luxury retailers.
First Mortgage Financing for an Office Depot and Coffee Bean anchored retail and office building located in the affluent West Los Angeles neighborhood of Beverlywood.
Non-recourse Mezzanine Financing for a $50,000,000 to-be-built mixed-use project located in the "Golden Triangle" of Beverly Hills. The property is comprised of 40,000 square feet of Class-A speculative office space, 88 high end luxury apartment units and 534 subterranean parking spaces.
Forward Fixed Rate Financing for a 20,000 square-foot, freestanding Office Depot retail store located on Wilshire Boulevard in the Miracle Mile district of Los Angeles, California.
First Mortgage Financing for a 43-unit apartment building located on Burbank Boulevard in Encino, California. Amenities at the property include an outdoor swimming pool and covered parking.
First Mortgage Financing for a 9,896 square-foot retail center located in Chicago, Illinois. Tenants at the property include Starbucks, RBS Citizens Bank and Subway.
"The proceeds from this refinancing coupled with the savings in interest expense more than offset the borrower's defeasance costs. This is our fourth time that we financed PIER 39 on behalf of the sponsors."