$14,000,000 First Mortgage
$14m first mortgage on a 232-room full-service 3-star hotel, situated on a 6.36-acre [25,738 m2] site, known as the “Hilton Tucson East”, located at 7600 East Broadway, Tucson, AZ
$19,750,000 First Mortgage
$19.75m first mortgage on a 1,031,746-SF [95,852 m2] industrial building, situated on a 98.28-acre [397,725 m2] site, located at 7121 Shelby Avenue, Greenville, TX
$13,700,000 First Mortgage
$13.17m first mortgage on a 450,870-SF [41,887 m2] industrial building, situated on a 34.36-acre [139,049 m2] site, located at 2301 Neiman Marcus Parkway, Longview, TX
$14,000,000 First Mortgage
The Borrower sought a structured loan that refinanced the existing senior debt, provided substantial cash-out, and included “good news” funds to facilitate the asset’s conversion from a museum to office space.
$7,700,000 First Mortgage
The Borrower sought a time-sensitive cash out on a portfolio of buildings in order to free up liquidity in furtherance of another acquisition. Cerco closed the deal in 10 days.