Sara Havlena
American Street Capital
121 W. Wacker Drive, Unit 2206
Chicago, IL 60601
Igor Zhizhin, Principal/Founder
(312) 224-1390
izhizhin@amstcap.com
ASC worked on a $28.9M multifamily bridge loan in Santa Rosa, Calif., at 75% LTC. Zhizhin also worked on a $4.6M multifamily bridge loan in Atlanta at 84% LTC, a $4.2M multifamily bridge loan in Champaign, Ill., at 85% LTC and a $19M multifamily bridge loan in Chicago at 82% LTC.
CBRE Capital Markets
185 Asylum St., 31st Floor
Hartford, CT 06103
Michael Riccio, Senior Managing Director
(860) 987-4709
michael.riccio@cbre.com
CBRE arranged $92.5M in bridge financing for the acquisition and repositioning of Magnolia Vinings, a 400-unit multifamily property in Atlanta. The four-year loan included interest-only payments and a floating-interest rate.
4301 La Jolla Village Drive, Suite 3000
San Diego, CA 92121
Bill Chiles, Vice Chairman
(858) 646-4735
bill.chiles@cbre.com
Mark McGovern, SVP
(858) 546-4662
mark.mcgovern@cbre.com
Scott Peterson, EVP
(858) 546-4607
scott.peterson@cbre.com
In the past five years the CBRE team has arranged for the construction financing or equity on 16 projects in California, Arizona, Oregon and Washington for a total of $485M. The team currently has four construction deals out to market for a total of $377M in debt and equity requests.
Eyzenberg & Company
1270 Ave. of the Americas, Eighth Floor
New York, NY 10020
Anastasia Vladislavova, VP
(212) 519-1140, Ext. 107
av@eyzenberg.com
Eyzenberg & Company arranged a $20.5M construction loan for an 82-unit BFR project in South Carolina. The loan had 75% LTC with a 5.75% rate, interest only. The non-recourse loan has a 30-month term.
George Smith Partners
10250 Constellation Blvd., Suite 2700
Los Angeles, CA 90067
John Choi, VP
(310) 867-2958
jchoi@gspartners.com
GSP secured $10.38M in SBA 504 financing for a newly renovated, 24,174-s.f. single-tenant creative office building in Glendale, Calif. The deal had an 85% combined LTC, with the 50% first TD from an institutional SBA lender and 35% second TD from a leading CDC. GSP was also able to secure sub-5% rates on both loans.
10250 Constellation Blvd., Suite 2700
Los Angeles, CA 90067
Evan Kinne, SVP
(310) 867-2939
ekinne@gspartners.com
George Smith Partners is putting the finishing touches on a $39M build-to-rent construction loan with 65% LTC. The non-recourse loan has a WSJ Prime + 25 basis point rate.
JLL
17877 Von Karman Ave., Suite 500
Irvine, CA 92614
Jamie Kline, Director, Capital Markets
(949) 798-4117
jamie.kline@am.jll.com
JLL closed a $328.8M loan for a five-property 1,037-unit multifamily portfolio in Downtown Los Angeles. MF1 Capital provided the three-year, floating-rate acquisition loan with two 12-month extension options.
1450 Brickell Ave., Suite 2110
Miami, FL 33131
Max La Cava, Director, Capital Markets
(917) 825-7346
max.lacava@am.jll.com
JLL arranged $35M in construction financing for the development of Solamar Kissimmee, a 210-unit, build-to-rent townhome community located in Kissimmee, Fla. The three-year, non-recourse loan was provided by a New York City-based debt fund.
1450 Brickell Ave., Suite 2110
Miami, FL 33131
Michael DiCosimo, Director
(305) 421-6545
michael.dicosimo@am.jll.com
DiCosimo has closed multiple retail financings year-to-date, with the most recent being a grocery-anchored shopping center in the Northeast, which closed with an insurance company. The borrower was an institutional investment fund specifically targeting retail shopping centers.
250 S. Orange Ave., Suite 700
Orlando, FL 32801
Melissa Quinn, Senior Managing Director
(407) 982-8741
melissa.quinn@am.jll.com
JLL is working to close financing for a $297M portfolio refinance, as well as debt and equity for a $70M acquisition.
330 Madison Ave., Floors 2-5
New York, NY 10017
Alex Staikos, Director
(212) 209-4508
alex.staikos@am.jll.com
JLL is currently in the market or under application on over $17.2B of construction loans across over 230 distinct projects. Current engagements include a $420M multifamily construction loan in Brooklyn, N.Y., a $275M office to multifamily conversion loan in Manhattan and a $650M condo and hotel construction loan in Miami.
