| Recent Financings/ Case Studies |
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| Closed |
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June 2009 |
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| Property |
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Cassidy & Pinkard Colliers arranged a five-year, floating rate loan for 1627 K & 1413 K Streets located in Washington, DC. A regional bank provided the financing at an interest rate of LIBOR + 2.50%.
1627 K Street is a 64,537 square foot, 100% leased office building situated diagonally from Farragut Square park in the Central Business District. The property is just three blocks from The White House and surrounded by a multitude of amenities including first class hotels, fine restaurants and retail establishments.
1413 K Street is a 31,646 square foot, 81% leased office building located on the north side of K Street in the East End. The property provides excellent views of both Franklin Square and McPherson Square parks. The immediate neighborhood also offers access to a rich amenity base.
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| Lender |
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Bank |
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| Broker |
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Jon Goldstein - 202-266-1172 |
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| Email |
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jon.goldstein@cassidypinkard.com |
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| Broker |
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Phil Mudd - 202-463-2100 |
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phil.mudd@cassidypinkard.com |
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December 2008 |
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| Property |
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Cassidy & Pinkard Colliers arranged a non-recourse, fixed rate loan for 2200 Wilson Boulevard which is located at the intersection of Clarendon and Wilson Boulevard in Arlington, Virginia. The 8-story, 96,909 square foot office building is 100% leased to an impressive roster of tenants including financial institutions, non-profit organizations and defense contractors. 2200 Wilson Boulevard is situated next to the Court House Metrorail station and offers a Class A location in the dynamic Rosslyn/Ballston Corridor, one of the premier office submarkets in the country due to its rich amenity base, close proximity to public transportation and access to Washington, DC. |
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| Lender |
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Life Insurance Company |
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| Broker |
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John Campanella – 202-266-1183 |
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john.campanella@cassidypinkard.com |
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| Broker |
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Jon Goldstein – 202-266-1172 |
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jon.goldstein@cassidypinkard.com |
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November 2008 |
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| Property |
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Cassidy & Pinkard Colliers arranged construction financing for a 384,150 rentable square foot, to-be-built trophy office building, located at the northwest corner of Connecticut and K Street, NW, Washington, DC. The financing was provided by a consortium of lending institutions led by Chevy Chase Bank. 1000 Connecticut Avenue is 66 percent pre-leased to the law firm of Arent Fox LLP. The property is located at the epicenter of the Central Business District (CBD) on the northwest corner of Connecticut Avenue and K Street, overlooking Farragut Square. |
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| Lender |
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Bank |
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| Broker |
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Philip Mudd – 202-463-2100 |
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| Email |
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Philip.Mudd@cassidypinkard.com |
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| Broker |
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Christian Miles – 202 -463-1139 |
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Christian.Miles@cassidypinkard.com |
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October 2008 |
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Cassidy & Pinkard Colliers arranged the re-financing of an existing land loan for The Madison. The Madison is a new mixed-use project featuring rental apartments, street level retail, and two levels of underground parking, to be built on a 2.6 acre parcel at the intersection of Henry Street and Madison Street in Old Town Alexandria, Virginia approximately 2 blocks from the Braddock Metro Station. The site is currently improved with a 75,500 square foot warehouse that is fully vacant as of November 2007. |
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Bank |
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| Broker |
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David Webb-202-463-1361 |
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David.Webb@cassidypinkard.com |
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September 2008 |
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| Property |
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Cassidy & Pinkard Colliers arranged bridge financing for The Portals III, a 505,631 square foot trophy office building located at 1201 Maryland Avenue, SW. The financing was comprised of a senior loan with a West Coast commercial bank and a mezzanine loan provided by a national pension fund advisor. Portals III, delivered in 2006, is 45 percent leased and is the third office building of The Portals development, a $1 billion mixed-use project representing the last major urban renewal project to be constructed in Southwest Washington, DC.
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Life Company |
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| Broker |
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John Campanella– 202-266-11183 |
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| Email |
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John.Campanella@cassidypinkard.com |
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| Broker |
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David Webb – 202-463-1361 |
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| Email |
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David.Webb@cassidypinkard.com |
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September 2008 |
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Cassidy & Pinkard Colliers arranged financing for the Kenyon Square Condominiums, a residential project at the Columbia Heights Metro Station in Northwest Washington, DC. Kenyon Square is located in the heart of the bustling and recently revitalized “14th Street Corridor.” The Property occupies the Northeast corner of the intersection of 14th and Irving Streets, NW, with an orientation toward 14th Street. It is adjacent to the Columbia Heights Metro Station entrance and DC USA, Washington’s most significant new retail development, which includes a Target, Best Buy, Bed Bath & Beyond, Washington Sports Club, Marshalls, and a new Giant Grocery. |
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| Lender |
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Bank |
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| Broker |
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David Webb – 202-463-1361 |
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David.Webb@cassidypinkard.com |
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July 2008 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent fixed rate financing for this ground lease. The property is a 7-acre site that includes a 54,000 square foot state-of-the- art research lab for Charles River Laboratories, Inc. Charles River is the first tenant to locate at Riverside Research Park, a 200-plus acre biotech park located in Frederick, MD. |
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| Lender |
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Life Company |
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| Broker |
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Jon Goldstein – 202-266-1172 |
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| Email |
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Jon.Goldstein@cassidypinkard.com |
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May 2008 |
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| Property |
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Cassidy & Pinkard Colliers arranged financing for this 12-story, 200,687 square foot office building located in Washington’s Central Business District. The property is 97% leased to 11 tenants including Parsons Transportation and Strayer University. 1133 15th Street is conveniently located on 15th Street between M Street and L Street and is three blocks north of the McPherson Square Metrorail station. |
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| Lender |
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Life Company |
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| Broker |
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Philip Mudd – 202-463-2100 |
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| Email |
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Philip.Mudd@cassidypinkard.com |
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| Broker |
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David Webb – 202-463-1361 |
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| Email |
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David.Webb@cassidypinkard.com |
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April 2008 |
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Cassidy & Pinkard Colliers arranged a fixed-rate acquisition loan for Crossroads Corporate Park in Cary, NC. Crossroads Corporate Park is comprised of four Class A office buildings totaling 390,542 square feet located in North Carolina’s Research Triangle area. The exclusive, 133-acre master-planned business community is centrally situated at the intersection of I-40, I-440 and US 1 and 97 percent leased to a diverse tenant roster. |
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| Lender |
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Life Company |
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| Broker |
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John Campanella – 202-266-1183 |
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| Email |
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John.Campanella@cassidypinkard.com |
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December 2007 |
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Cassidy & Pinkard Colliers has arranged apartment financing for Highland Park, a residential project located at the entrance to the Columbia Heights Metro Station. Highland Park is a combination of one- and two-bedroom units, varying from a standard flat to loft style units. Units have superior finishes with average unit size of 903 square feet, 206,453 square feet of rentable space in 229 units with 19,194 square feet of retail space.
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| Lender |
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Bank |
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| Broker |
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David Webb – 202-463-1361 |
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| Email |
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David.Webb@cassidypinkard.com |
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| Broker |
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Philip Mudd – 202-463-2100 |
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| Email |
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Philip.Mudd@cassidypinkard.com |
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December 2007 |
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Cassidy & Pinkard Colliers arranged permanent financing for the Hilton Garden Inn and Homewood Suites, located in the heart of Baltimore’s Inner Harbor. The Inner Harbor, which includes thriving commerce, marinas, shopping and nightlife attracts more than 14 million visitors a year from around the globe. The hotels are part of the Harbor East development (which is being developed by H&S Properties), which is a 20-acre waterfront site that when completed will consist of over 1.6 million square feet of office space, including the world headquarters of renowned financial services firm Legg Mason; 250,000 square feet of retail (including Whole Foods); 500 residential units; a to-be-built 240-room Four Seasons Resort and Hotel (adjacent to the subject properties), which includes 119 luxurious waterfront condos, an 18,000 square foot world-class spa; and a 200-slip marina with over 2,000 linear feet of tree-lined walkways, pedestrian promenades and landscaped public areas. |
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| Lender |
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Life Company |
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| Broker |
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John Campanella – 202-266-1183 |
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| Email |
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John.Campanella@cassidypinkard.com |
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| Closed |
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November 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged
Condo inventory loan to refinance existing senior and mezzanine construction loan. Currently 60% sold out.
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| Lender |
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Bank |
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| Broker |
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David Webb – 202-463-1361 |
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| Email |
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David.Webb@cassidy pinkard.com |
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October 2007 |
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Cassidy & Pinkard Colliers arranged bridge financing for this 5 acre development site located in Anacostia, DC. This unique and highly visible development site is adjacent to the 140-acre Poplar Point Park on the Anacostia River. Flexible mixed-use zoning is already in place allowing 1.2 million developable square footage. The stie is just one block away from the Anacostia Metro Station and is directly across the Anacostia River from the new MLB Stadium for the Washington Nationals.
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| Lender |
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Conduit |
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| Broker |
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John Campanella – 202-266-1183 |
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| Email |
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John.Campanella@cassidy pinkard.com |
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| Broker |
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David Webb – 202-463-1361 |
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| Email |
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David.Webb@cassidypinkard.com |
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October 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 29,532 sf office building located in downtown Silver Spring, MD. The property is currently 100% leased to 11 tenants including SunTrust Bank. 8700 Georgia is located at the intersection of Cameron Street and Georgia Avenue in one of the fastest growing submarkets in suburban Washington, DC. |
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| Lender |
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Life Company |
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| Broker |
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Philip J. Mudd – 202-463-2100 |
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| Email |
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Philip.Mudd@cassidypinkard.com |
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| Broker |
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Christian Miles – 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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October 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged an equity recapitalization for this recently constructed Class A office building in suburban Washington, DC. The 5-story property is 125,969 sf and LEED Certified – Gold. The LEED status, the strong local developer-sponsor, and the property’s location across from a Simon Property-owned mall attracted considerable investor interest in this property. |
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| Broker |
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Christian Miles – 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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August 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged a 30 month bridge loan for this 153,626 square feet Class B office building located in Washington, DC. The property is 95% leased to tenants with termination provisions. The Sponsor plans on a complete renovation of the building in 2010. Key challenges were the underwriting the potential emptying of the building’s tenants and some ground leases which encumbered the site. |
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| Lender |
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Life Company |
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| Broker |
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Philip J. Mudd – 202-463-1123 |
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| Email |
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Philip.Mudd@cassidy pinkard.com |
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| Broker |
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Christian Miles – 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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July 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for the acquisition of this 12,447 square foot office building located in Washington, DC. The property was built in 1896 and was completely renovated in 1985. 2031 Florida Ave. is 100% leased to a law firm and retail tenants, including the recently opened Verita’s Wine Bar. The property offers excellent visibility located directly off of Connecticut Avenue and is just two blocks away from the Dupont Circle metro station. |
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| Lender |
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Conduit |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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June 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 389-unit, 495,576 sellable s.f. luxury condominium and townhome project in Hunt Valley, MD. The Property is strategically situated off I-83 in one of Baltimore County’s more affluent sub-markets. Most importantly, this property has the distinction of being the only approved multi-family project within the Hunt Valley PUD. High View’s residents enjoy easy access to the major employment centers throughout the Baltimore Metropolitan Area and Baltimore’s Light Rail System, which is within walking distance of High View. |
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| Lender |
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Bank |
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| Broker |
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David Webb - 202-266-1361 |
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| Email |
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David.Webb@cassidypinkard.com |
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June 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged acquisition financing for this 29,000 s.f. strip shopping center in Upper Marlboro, MD. The property is located in the heart of Prince George’s County, near The Lake Arbor Community. The property which was built in 1992, is 100% leased to a mix of retail tenants. |
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| Lender |
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Bank |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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May 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged acquisition financing for this new 24-story, Pei Cobb Freed & Partners designed, trophy office building in Rosslyn, VA. This 633,908 rentable sq.ft. building has a 901-space parking structure with Potomac River frontage, visibility in Rosslyn, Virginia and commanding views of Georgetown and the monuments of Washington, DC. |
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| Lender |
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Conduit |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Chrisitan.Miles@cassidypinkard.com |
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May 2007 |
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Cassidy & Pinkard Colliers arranged construction/permanent financing for this to-be-built, 312,897 square foot Class A trophy office building in Tysons Corner, VA.. The building is a signature development of Washington, DC-based B.F. Saul Co., which has applied for LEED Silver certification for the building--the first in the Tysons Corner submarket. Designed by Leo A. Daly, Inc., an award-winning architectural firm, Park Place II is the only new trophy office building scheduled to deliver in Tyson’s Corner in 2008. |
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| Lender |
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Life Company |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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Philip.Mudd@cassidypinakrd.com |
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May 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged acquisition financing for this 508-unit up-scale apartment complex in Mesquite, TX. The garden-style community located in the Mesquite submarket of metropolitan Dallas was built in two phases in 1999 and 2002. The 22-building complex was 90% occupied at the time of the sale. |
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| Lender |
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Conduit |
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| Broker |
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Christian Miles- 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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May 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for two Class A office buildings in Chantilly, VA. These 5 and 6-story Class A office buildings are located in the award-winning Westfields Corporate Center. WTP I and II consist of 694,016 sf and are 99% leased to mainly credit tenants. The properties offers easy access to several major arteries in Northern Virginia, including Route 28, Route 50 and I-66, and is just minutes from downtown Washington, DC and Washington Dulles International Airport. |
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Conduit |
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| Broker |
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John C. Campanella - 202-266-1183 |
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| Email |
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John.campanella@cassidypinkard.com |
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April 2007 |
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Cassidy & Pinkard Colliers arranged permanent financing for this 93,625 sf self storage facility located in Chantilly, VA. The site is 3 miles from Washington Dulles Airport and is located in the Route 28 South submarket -- one of the region’s fastest growing and most strategic locations. Air & Space Self Storage offers outstanding proximity to Route 28, where more than 100,000 cars pass daily. |
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Conduit |
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| Broker |
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John C. Campanella - 202-266-1183 |
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| Email |
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John.campanella@cassidypinkard.com |
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| Closed |
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April 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 12-story trophy office building located within the Watergate Complex on the banks of the Potomac River. This 287,517 sf building is 100% leased to six tenants. The property offers unprecedented views of the DC skyline, The National Mall, Georgetown, Washington Harbor and Rosslyn, Virginia. It also provides easy access to major roadways including I-66 and is easily accessible to the Foggy Bottom Metro and The George Washington University campus. |
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| Lender |
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Conduit |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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March 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged the permanent refinancing of this 4-story, 50,465 rentable square foot Class B office building. 7676 New Hampshire was built in 1970 and renovated in 1988. The property is located in Takoma Park, MD, near the intersection of New Hampshire Boulevard and University Boulevard and is in close proximity to I-495. 7676 New Hampshire is 98% leased to 42 tenants.
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| Lender |
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Conduit |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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phil.mudd@cassidypinkard.com |
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| Closed |
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March 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged the permanent financing of this 287,232 square foot recently built trophy office building. The property is located in the prestigous East End in Washington, DC, and is adjacent to historic Ford’s Theatre on 10th Street and incorporates three historic corner townhouses at 10th and F Streets. The Atlantic Building is 86% leased to 3 tenants, including the law firm Alston & Bird, which occupies 55% of the building.
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| Lender |
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Conduit |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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phil.mudd@cassidypinkard.com |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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| Closed |
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March 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged the permanent refinancing of this 12-story, 177,075 rentable square foot Class A office building. The building was constructed in 1988. 1133 Connecticut Avenue is located at the corner of Connecticut Avenue and DeSales Street, in the heart of Washington, DC’s Central Business District. The property is 100% leased to 16 tenants, including Wachovia Securities and Franklin Templeton Investments and several law firms including Pillsbury Winthrop Shaw Pittman.
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| Lender |
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Conduit |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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phil.mudd@cassidypinkard.com |
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| Closed |
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January 2007 |
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| Property |
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Cassidy & Pinkard Colliers arranged acquisition financing for this 300-unit apartment complex in Kennesaw, GA. The loan provided 80% of the required capital for the acquisition. Shiloh Valley Overlook Apartments, located off I-75 and Barrett Parkway in Cobb County, GA, is situated near major shopping, dining and the business sector of the city. Its location also provides quick access to downtown Atlanta, Hartsfield-Jackson Airport, and the prestigious Buckhead and Midtown, Atlanta. |
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| Lender |
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Conduit |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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| Closed |
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December 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 266-unit, garden-style apartment in Silver Spring, MD. |
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| Lender |
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Life Insurance Company |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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| Closed |
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December 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 219-unit, garden-style apartment complex, located in Silver Spring, MD. |
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| Lender |
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Life Insurance Company |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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| Closed |
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December 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 11-story, 136,326 square foot tropy office building to-be-built on K Street in Washington, DC. Located next to the Embassy Suites and near the new Convention Center, this East End corridor has been one of Washington's exciting locations for new trophy buildings. |
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| Lender |
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Life Insurance Company |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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Phil.Mudd@cassidypinkard.com |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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| Closed |
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December 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 43,392 square foot office building in Dupont Circle. Constructed in 1971 and renovated in 1992, the building contains 8 levels of above-grade office space. The building lies in Washington, DC's lively Dupont Circle area and is surrounded by luxury hotels, boutiques, art galleries and restuarants. |
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| Lender |
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Conduit Lender |
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| Broker |
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John Campanella - 202-266-1183 |
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| Email |
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John.Campanella@cassidypinkard.com |
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| Closed |
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November 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 30,630 square foot retail center in Gainesville, Virginia. Built in 2006, Heritage Hunt is 85% leased to 11 tenants. The property is located in the heart of an upscale residential communities in Prince William County. Heritage Hunt Retail Center is part of the greater Heritage Hunt Community, an 800-acre planned community, an aquatic center and over 2000 planned homes. |
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| Lender |
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Conduit Lender |
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| Broker |
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Christian T. Miles - 202-463-1139 |
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| Email |
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cmiles@cassidypinkard.com |
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| Closed |
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November 2006 |
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Cassidy & Pinkard Colliers arranged permanent financing for this 10-story, 348,593 square foot Class B office building in Baltimore, MD. One East Pratt is located in Baltimore’s premier office location in the Central Business District. The property is directly connected to the Washington Convention Center, Baltimore’s financial district, and the Inner Harbor’s retail pavilions, which is a primary gathering area for tourists and residents alike. |
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| Lender |
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Bank |
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| Broker |
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John C. Campanella - 202-266-1183 |
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| Email |
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John.Campanella@cassidypinkard.com |
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| Closed |
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September 2006 |
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Cassidy & Pinkard Colliers arranged permanent financing for a 2-story, 83,536 s.f. high-quality office building located in the Loudoun County Gateway Office Park. The property was built in 1988 and is located at the crossroads of the Northern Virginia suburb’s major roadways, including Route 28 (the main north-south connector) and Route 267 (Dulles Toll Road/Dulles Greenway). |
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| Lender |
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Private Lender |
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| Broker |
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John C. Campanella - 202-266-1183 |
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| Email |
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John.Campanella@cassidypinkard.com |
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| Closed |
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June 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 18-story, 345,502 square foot Class B office building located in Atlanta, GA. The building was 88% leased to 68 tenants including Quintiles, Inc., American Towers, JP Morgan Chase and Insurance Office of America. |
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| Lender |
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Conduit Lender |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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Phil.Mudd@cassidypinkard.com |
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| Closed |
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June 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this 3-story, 65-room luxury hotel located in the world famous Inner Harbor section of Baltimore, Maryland. The Pier 5 Hotel is one of only two hotels located directly along the Harbor. It is next door to The National Aquarium, Maryland's top tourist destination. The Hotel is leased to an award winning hospitality company which owns and operates hotels in thirteen states. |
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| Lender |
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Life Insurance Company |
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| Broker |
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John Campanella - 202-463-2100 |
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| Email |
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Jon.Campanella@cassidypinkard.com |
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| Closed |
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June 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged a forward commitment for the permanent financing of this 21,500 square foot retail center. The property was built in 2005 and is located in Chantilly, Virginia off of Route 28 and between Route 50 and Interstate 66. The property was 60% leased at the time the lender issued the commitment; however was 100% leased at closing. Tenants include Moe's Southwest Grill, Quizno's Subs, Cingular, SuccessLab and Applebee's. |
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| Lender |
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Life Insurance Company |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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Phil.Mudd@cassidypinkard.com |
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| Closed |
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April 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged financing for this 5-story, mixed-use property, located in the heart of Washington, DC's Uptown submarket. The building is comprised of 98,042 sf of office and retail and 45,270 sf of residential. The office portion was 94% leased and the residential was 100% leased at the time of the financing. |
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| Lender |
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Life Insurance Company |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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Phil.Mudd@cassidypinkard.com |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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Christian.Miles@cassidypinkard.com |
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| Closed |
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April 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged the acquisition financing for this 151,049 s.f. 12 story office building located in Columbia, South Carolina. The property is located on Main Street, Columbia's downtown commercial corridor and is adjacent to the State Capitol Building and the University of South Carolina. The property is 87% leased to 30 tenants, including the National Bank of South Carolina. |
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| Lender |
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Conduit |
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| Broker |
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John Campanella - 202-266-1183 |
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| Email |
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John.Campanella@cassidypinkard.com |
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| Closed |
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January 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged permanent financing for this newly constructed, 60-unit, luxury garden apartment building, located in West Palm Beach, Florida. The property was 100% leased at closing.
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| Lender |
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Life Insurance Company |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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pmudd@cassidypinkard.com |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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cmiles@cassidypinkard.com |
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| Closed |
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January 2006 |
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| Property |
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Cassidy & Pinkard Colliers arranged the long-term permanent fixed rate financing of this shopping center, which is anchored by Shoppers Food Warehouse and CVS. The property has historically been well leased and the Borrower requested a low leverage loan. The existing loan was coming due and therefore the transaction had to close in 18 days from application. The borrower received a favorable interest rate over a fully amortizing ten year loan. |
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| Lender |
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Life Insurance Company |
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| Broker |
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Phil Mudd - 202-463-2100 |
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| Email |
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pmudd@cassidypinkard.com |
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| Broker |
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Christian Miles - 202-463-1139 |
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| Email |
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cmiles@cassidypinkard.com |
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