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.
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.