Project Overview
Project Overview
Project Overview
Location
Mansfield, NJ
Location
Mansfield, NJ
Loan Amount
$45,185,000
Loan Amount
$45,185,000
Asset Type
Class-A Warehouse
Asset Type
Class-A Warehouse
Transaction Challenges:
» Big Box Spec Development » Large Imputed Land Equity » Secondary Market » No Warm Body Guarantor (Fund Structure)
Transaction Challenges:
» Big Box Spec Development » Large Imputed Land Equity » Secondary Market » No Warm Body Guarantor (Fund Structure)
ArrowREA Solution:
» The Arrow REA team ran a comprehensive marketing process to procure offers from both banks & debt funds and ultimately secured a National Bank to provide the construction financing priced in the mid-200 over SOFR with a mini-perm conversion option that included a rate reduction upon performance milestones being achieved.
ArrowREA Solution:
» The Arrow REA team ran a comprehensive marketing process to procure offers from both banks & debt funds and ultimately secured a National Bank to provide the construction financing priced in the mid-200 over SOFR with a mini-perm conversion option that included a rate reduction upon performance milestones being achieved.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.