Project Overview
Project Overview
Project Overview
Location
Renton
Location
Renton
Loan Amount
$33,810,550
Loan Amount
$33,810,550
Asset Type
Industrial
Asset Type
Industrial
Transaction Challenges:
» Fully-occupied multi-tenant property with near-term lease roll affecting majority of the building » Seeking non-recourse financing at 65% loan-to-cost with a low debt yield upon stabilization
Transaction Challenges:
» Fully-occupied multi-tenant property with near-term lease roll affecting majority of the building » Seeking non-recourse financing at 65% loan-to-cost with a low debt yield upon stabilization
ArrowREA Solution:
» The Arrow REA team used its vast market knowledge to promote the location and the strength of sponsorship and generate competition, ultimately negotiating floating-rate financing at 65% loan-to-cost, non-recourse financing with interest-only that closed within 40 days.
ArrowREA Solution:
» The Arrow REA team used its vast market knowledge to promote the location and the strength of sponsorship and generate competition, ultimately negotiating floating-rate financing at 65% loan-to-cost, non-recourse financing with interest-only that closed within 40 days.
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.