Documents
Attributes
Year Built | 2015 |
Occupancy | 92.0 % |
Asset Description
.The Portfolio includes four (4) mezzanine loans (67% of Portfolio) and one (1) preferred equity position (33% of Portfolio) that boast a weighted average interest rate of 10.25% and feature a weighted-average remaining term of 3.6 years. Associated properties ar e concentrated in multifamily (46% of Portfolio), office (40%), and industrial (14%).
Investment Highlights
Jones Lang LaSalle (“JLL”) has been retained by the Seller on an exclusive basis to arrange the sale of a $37.1 million performing sub-debt portfolio (the “Loans” or “Portfolio”).
Similar Properties
View more
Multi-Housing
Alta Warp + Weft
US - Charlotte, NC
Multi-Housing
2262 Market Street
US - San Diego, CA
Multi-Housing
Lansbourough
US - Houston, TX
Multi-Housing
Parc at 505
US - Houston, TX