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Sources of Financing
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| Sources of Financing Meridian Capital Group, LLC provides financing from $500,000 to more than $500 million through a variety of fixed-rate, floating-rate, construction, mezzanine, bridge, forward commitment and renovation/repositioning loans. For more information, contact Meridian Capital Group, LLC, 1 Battery Park Plaza, New York, NY 10004; 212-972-3600, Fax 212-612-0100; Web site: www.meridiancapital.com. Cohen Financial arranged $35 million in permanent financing for ValVista, LLC. The 10-year, interest-only loan was used by ValVista, LLC in its acquisition of 174,344 sq.ft. of North County Square. The 668,601 power center is located along State Highway 78 in Vista, CA and is 100% leased. Office Depot, Ross Dress for Less and Michaels anchor the project. For more information, contact Cohen Financial, 4675 MacArthur Court, Suite 1410, Newport Beach, CA; 949-252-1672; Web site: www.cohenfinancial.com. Silo Financial arranged a $1.53 million bridge loan for the acquisition of four commercial properties in Bensalem, PA and Freehold, NJ. The company offers financing of up to $20 million for most property types. For more information, contact Silo Financial, Two Landmark Square, Suite 208, Stamford, CT 06901; 203-327-3327; Email: info@silo-financial.com; Web site: www.silo-financial.com. Pacific Coast Capital Partners offers joint venture equity financing and senior and mezzanine loan programs. The joint venture equity program provides financing up to $100 million for up to 10 years with a 99% maximum equity share for the acquisition, redevelopment, lease-up, development, entitlement or partnership buyout of properties located throughout the western U.S. Properties financed include office, industrial, multi-family, retail, land, condominiums, infill redevelopment, SFR development and select hotel transactions. The senior and mezzanine debt program offers financing up to $150 million with a maximum loan-to-value of 95% and terms up to five years. Properties covered include office, industrial, multi-family, retail, land, condominium conversions and select hotel transactions throughout the western U.S. The company will also fund construction and redevelopment through the program. For more information, contact Pacific Coast Capital Partners, 150 California Street, 22nd Floor, San Francisco, CA 94111; 415-732-7645, Fax 415-732-7547; Web site: www.pccpllc.com. |