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$44,900,000 | Portfolio: Indianapolis, IN building

$44,900,000
Portfolio: Indianapolis, IN

Transaction Type

Loan Refinance

Non-Recourse

Loan Type

Permanent Loan

Situation & Challenges

  • Refinance of five existing loans, two of which were existing A10 bridge loans that transitioned to A10 permanent Loans
  • Stabilized occupancy for all properties at closing

Solutions & Highlights

  • Sponsor was a very experienced owner and manager of the properties
  • The properties had several nationally recognized companies as tenants
  • 10-year term on each loan