The company is a privately held real estate investment and management firm with a comprehensive platform covering all real estate classes. For over two decades, it has acquired, repositioned, developed, and self-managed hundreds of real estate assets throughout the United States. The company has developed a strong reputation for creating value by repositioning under-utilized, mismanaged, and/or under-performing properties, including multifamily, extended-stay, boutique hotel, hotel-casino, and retail and office assets. It adds significant value to the properties it acquires and manages with an aggressive and comprehensive operations and management team, leveraged with in-house construction, design/architecture, legal, finance, sales, and marketing departments. The press and state and local officials for its contributions to the State of Nevada and the communities in which its assets are located have recognized this company. It is focused on acquiring assets in all sectors, with a particular interest in multifamily and extended – stay assets located in urban areas with access to public transportation and major employment centers. The company’s strategy is to acquire under-performing income-producing assets that offer medium to long-term appreciation and the potential for revenue growth through refocused, intensive, and hands-on management.. In our ground up development or heavy repositioning projects, we use innovative methodologies in our construction management and building technologies to complete jobs on time, on budget while maximizing value through design. Overall, total real estate assets held by affiliates of us are in excess of $788MM, including the subject property.
| Loan ID | 0143 |
| DSCR | 1.88 |
| LTV | 69.81 |
| Note Rate | 5.25 |
| Property Location | MS |
| NAICS | 531110 |
| Guaranty Type | USDA B&I |
| Loan Term | 25 yrs |
| Rate type | Var |
| Note date | N/A |
| Maturity date | N/A |
| Participation Availability Amount | $203,500 |
| Minimum Participation Amount | $250,000 |
| Original Loan Amount | $3,700,000 |
| Full Loan Documentation | Link |
| Inquire | Inquire |