Student Housing Loan

Location: Pittsburg, Kansas Amount: $11,350,000 Property Type: Student Housing Loan Loan Type: Fixed rate refinance Loan Term: 7-years This property is 100% student housing. The loan was amortized over a 30-year schedule, no replacement reserves and $475,000 of the proceeds was...

Mini-Storage Facilities

Amount: $2,300,000 Property Type: Self-Storage Facilities Loan Type: 80% Loan to Value, 10-year term, 30-year amortization Loan Term: 10-year term Caffrey & Company LLC has closed a $2.3 million loan secured by two mini-storage facilities and two office...

Two Tenant Building – Alaska

Loan Amount: $2,730,000 Property Type: Light Industrial with some retail component Loan Type: Recourse loan to principals Loan Term: 10-year Ferguson Building – Wasilla, Alaska This metal building has only a few tenants. The...

Apartment Loan Freddie Mac

Loan Amount: $3,050,000 Property Type: Suburban Apartment Complex Loan Type:  Freddie Max Small Loan Balance Program Loan Term: 10-years Georgetown South Apartments This $3,050,000 loan was financed through the apartment Freddie Mac Small Balance Loan...

HUD 223(f) cash-out 35-year fixed rate

Loan Amount: $8,400,000 Property Type: Townhome/apartment complex Loan Type: HUD non-recourse Loan Term: 35-years Harbortown Apartments – HUD Section 223(f) The purpose of the loan was to cash out and refinance the existing debt...

Credit Tenant Lease for a Walgreens

Closed a Credit Tenant Lease (CTL) on a Walgreens in Bridgeport, West Virginia.  The $3,875,000 loan was self-amortizing over the remaining 17-year lease term funded through a life insurance company.  The 17-year fixed interest...