Transactions

Altitude at Stone Port (JMU)

Altitude at Stone Port (JMU)

Harrisonburg, VA

  • $26,210,000 IN RECOURSE CONSTRUCTION FINANCING (REGIONAL BANK EXECUTION)
  • 140 UNIT/425 BED STUDENT HOUSING COMMUNITY
  • 30 MONTHS INTEREST-ONLY TERM + 2, 12-MONTH EXTENSIONS
Venture IN Tech Center Apartments

Venture IN Tech Center Apartments

Newport News, VA

  • $32,000,000 IN LIMITED RECOURSE CONSTRUCTION FINANCING (REGIONAL BANK EXECUTION)
  • 288 UNIT APARTMENT COMMUNITY
  • 42 MONTHS INTEREST-ONLY TERM + 2, 12-MONTH EXTENSIONS
865 East – James Madison University

865 East – James Madison University

Harrisonburg, VA

  • $16,8500,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
  • 274 BED STUDENT HOUSING COMMUNITY
  • 10 YEAR TERM; 5 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION
Hampton Inn & Suites

Hampton Inn & Suites

DuPont, WA

  • $12,000,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
  • 115 KEY HOTEL
  • 10 YEAR TERM; 30 YEAR AMORTIZATION
Midtown Marketplace

Midtown Marketplace

Portsmouth, VA

  • $7,500,000 IN LIMITED RECOURSE CONSTRUCTION FINANCING (2014; LOCAL BANK EXECUTION)
  • $6,400,000 IN NON-RECOURSE PERMANENT FINANCING (2015; CMBS EXECUTION)
  • 45,760 SF NEIGHBORHOOD SHOPPING CENTER (KROGER MARKETPLACE SHADOW)
  • 18 MONTH TERM + 5 YEAR MINI-PERMANENT (CONSTRUCTION)
  • 10 YEAR TERM; 30 YEAR AMORTIZATION (PERMANENT)
Paper Company Apartments

Paper Company Apartments

Richmond, VA

  • $8,500,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
  • 88 UNIT APARTMENT COMMUNITY (HISTORIC TAX CREDIT)
  • 10 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION
Old Bridge Apartments

Old Bridge Apartments

Richmond, VA

  • $10,000,000 IN NON-RECOURSE PERMANENT FINANCING (LIFE INSURANCE EXECUTION)
  • 222 UNIT APARTMENT COMMUNITY
  • 20 YEAR TERM; 20 YEAR AMORTIZATION
Hampton Inn & Suites

Hampton Inn & Suites

Charlotte Airport, NC

  • $15,500,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
  • 131 KEY HOTEL
  • 10 YEAR TERM; 30 YEAR AMORTIZATION
Hampton Inn & Suites

Hampton Inn & Suites

Roanoke, VA

  • $15,000,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
  • 130 KEY HOTEL
  • 10 YEAR TERM; 30 YEAR AMORTIZATION
PortRVA Apartments

PortRVA Apartments

Richmond, VA

  • $10,100,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
  • 104 UNIT APARTMENT COMMUNITY
  • 10 YEAR TERM; 1 YEAR INTEREST-ONLY; 30 YEAR AMORTIZATION
Preserve at Scott’s Addition Apartments

Preserve at Scott’s Addition Apartments

Richmond, VA

  • $25,000,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
  • 194 UNIT APARTMENT COMMUNITY (HISTORIC TAX CREDIT & NEW CONSTRUCTION)
  • 10 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION
Diamond North Apartments

Diamond North Apartments

Virginia Beach, VA

  • $23,200,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
  • 180 UNIT APARTMENT COMMUNITY (NEW CONSTRUCTION)
  • 10 YEAR TERM; 3 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION
Element at Ghent Apartments

Element at Ghent Apartments

Norfolk, VA

  • $24,000,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
  • 164 UNIT APARTMENT COMMUNITY
  • 10 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION
Stella360 Apartments

Stella360 Apartments

Richmond, VA

  • $3,525,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
  • 33 UNIT APARTMENT COMMUNITY (HISTOTIC TAX CREDIT)
  • 10 YEAR TERM; 30 YEAR AMORTIZATION
Madison Terrace Apartments

Madison Terrace Apartments

Hopewell, VA

  • $2,625,000 IN NON-RECOURSE AQUISITION/PERMANENT FINANCING (FANNIE MAE EXECUTION)
  • 76 UNIT APARTMENT COMMUNITY
  • 10 YEAR TERM; 1 YEAR INTEREST-ONLY; 30 YEAR AMORTIZATION
Courtyard Lofts

Courtyard Lofts

Richmond, VA

  • $11,500,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
  • 90 UNIT APARTMENT COMMUNITY
  • 10 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION
West Broad Street Apartments

West Broad Street Apartments

Richmond, VA

  • $14,560,000 IN NON-RECOURSE PERMANENT FINANCING (VHDA EXECUTION)
  • 102 UNIT APARTMENT COMMUNITY + 10,000 SF COMMERCIAL
  • 30 YEAR TERM; 30 YEAR AMORTIZATION
South Street Lofts

South Street Lofts

Petersburg, VA

  • $2,420,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE MAC EXECUTION)
  • 41 UNIT APARTMENT COMMUNITY
  • 10 YEAR TERM; 30 YEAR AMORTIZATION
Colonial Heights Apartments

Colonial Heights Apartments

Colonial Heights, VA

  • $4,920,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE MAC EXECUTION)
  • 109 UNIT APARTMENT COMMUNITY
  • 10 YEAR TERM; 30 YEAR AMORTIZATION