$2,500,000 First Mortgage

The Borrower sought timely financing to effectuate the acquisition of a multifamily property pursuant to a 1031 exchange. Cerco was able to accommodate an extremely tight timeline, closing the deal in 5 business days.

$20,000,000 First Mortgage

The Borrower sought financing to complete the repositioning of a 25-story, 380k SF building from office use to a 177-key Aloft hotel and 88 multifamily tower sitting atop a base containing 227 parking spots. Cerco structured a multi-tranche loan in furtherance of Borrower´s objectives.

$8,000,000 First Mortgage

The Borrower sought to refinance maturing CMBS debt despite substantial litigation risk created by a failed sale of the property. Cerco leveraged its ability to understand the intricacies of the its contemplated exposure and expediently closed the transaction.

$16,250,000 First Mortgage

The Borrower sought to refinance legacy CMBS debt that had matured at a point when the property suffered a casualty, destroying approximately half of its improvements. Cerco´s understanding of the market allowed it to see substantial upside in the property, paving the way for an efficient closing and an exit for its client out of special servicing.

$8,450,000 First Mortgage

Cerco Funding provided timely financing for the acquisition of a fast-food portfolio as part of a sale leaseback transaction.