Commercial Mortgage - Recent Deals blank

commercial mortgage - recent deals

Go Daddy

Go Daddy Building / Gilbert, Arizona / $9,000,000

A First Deed of Trust secured by a two-story office building containing 180,480 square feet. The improvements are of masonry construction, were built in 1997, and are 65% leased by a single tenant. The initial loan to value is 65% with a 1.59x debt coverage. April 2014.

10 year term and 20 year amortization
Originated by: Mr. Thomas P. Keig / Keig Financial Corporation

 

 

Moorer

Moorer Portfolio / Columbus, Ohio / $10,400,000

A First Deed of Trust secured by two properties in Columbus, Ohio. The first property is a single-story office/warehouse building of concrete tilt construction, totaling 100,000 square feet of net rentable area. The second property is a three-story office building of brick masonry construction, totaling 97,000 square feet of net rentable area. The buildings are 95% occupied and have an initial loan to value of 62% and a 1.69x debt coverage. April 2014.

10 year term and 20 year amortization
Originated by Mr. Corey Focke / BlueMark Capital

 

Commercial Mortgage - Recent Deals
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