$44,900,000
Portfolio: Indianapolis, IN
Transaction Type
Loan Refinance
Non-Recourse
Loan Type
Permanent Loan
Situation & Challenges
- Refinance of five existing loans, two of which were existing A10 bridge loans that transitioned to A10 permanent Loans
- Stabilized occupancy for all properties at closing
Solutions & Highlights
- Sponsor was a very experienced owner and manager of the properties
- The properties had several nationally recognized companies as tenants
- 10-year term on each loan