TermSt. closed this parking asset with a CMBS lender. The sponsor came to us looking for 75% of the purchase price on this acquisition. We obtained commitment and locked the rate prior to the sponsor “going-hard” on the acquisition and closed several days later. Efficient, affordable, and closed. That’s how we like our deals!
Case Studies
Alternative Asset Classes Work Too!
Las Vegas, NV
Parking Structure
Purchase
