Lennar Multifamily Communities (LMC)
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This deal included a hotel plus a condo conversion for a rehabbed property in downtown Detroit. The condo financing plus the hotel financing made for a challenging duo. Bank of America liked the strong and experienced sponsorship along with the quality of location and the product. This loan took out an existing construction/bridge loan. The loan has a five-year term, interest only. More
Sports and entertainment retailers are grabbing sites in markets across the country. Retail landlords are drawn to these brands as they typically can bring in all-day traffic and usually take up larger spots. Pickleball venues continue to be hot, along with trampoline parks, bowling alleys/arcades, golf simulators and even immersive game show venues. More
This list includes some of the top CMBS lenders. We have touched base with our vast inventory of lender contacts to get the most up-to-date information including their origination totals and terms. This information will give you an idea of what these capital providers are seeking in today’s market. More
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Higher leverage is now attainable and pricing will be more competitive. New capital is flowing into the construction lending space from both debt funds and traditional lending sources and You need a subscription to access this content. Subscribe Now Already subscribed? Click here to login. More
Miami, Florida
November 7-8, 2023
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