Transactions - Mezzanine and Equity

Somerset Estates
Somerset, NJ
$6,750,000
Mezzanine Financing
  • Located at 271 Franklin Boulevard, the property is an apartment complex with more than 339,000 square feet.

  • Built in 1955, the community has 395 one-, two-, and three-bedroom units located within 57 two-story buildings.

  • The property is near SR-18, I-287, and I-95, along with several public transportation options, providing easy access to Newark, Philadelphia, and New York City.

  • The Sponsor plans to complete several capital improvements to the individual units, including upgrades to both the kitchens and the bathrooms, and will also include the conversion of some two-bedroom units to three-bedroom units.

  • The opportunity was sourced through Emmet Delany of Capital & Venture Resources.

Shops at Sycamore Creek
Corona, CA
$8,100,000 
Mezzanine Financing
  • The Shops at Sycamore Creek is a grocery-anchored retail development project with more than 93,000 square feet. 

  • Located at the intersection of De Palma Road and Indian Truck Trail, the property is adjacent to the Interstate-15 interchange providing excellent access to the surrounding areas.

  • The property has already begun leasing the property and has lined up a variety of national and regional retailers, including Vons, CVS, Happy Nails, and Wells Fargo.

  • The opportunity was sourced through Buchanan Street Partners.

 

 

Structured Finance

Industrial Fund

Mezzanine and Equity

Portfolio Distribution


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