Entries by Radmin

$38 MILLION CONSTRUCTION TAKEOUT ARRANGED FOR DTLA HOTEL

Los Angeles, CA – January 10, 2019 Highland Realty Capital secured a $38 million construction takeout loan for the Mayfair Hotel in DTLA. Los Angeles-based ICO Group recently completed a $35-million renovation of the 290-room hotel that includes two bars and the Eve American Bistro restaurant, as well as a 150-person ballroom. The loan provided […]

HIGHLAND REALTY CAPITAL ARRANGES $10.3 MILLION LOAN FOR 644-BED COMMUNITY NEAR WEST VIRGINIA UNIVERSITY

Morgantown, WV – July 16, 2018 Highland Realty Capital has arranged a $10.3 million bridge loan for The Ridge at Morgantown, a 644-bed student housing community located near West Virginia University in Morgantown. Mike Guterman arranged the two-year loan on behalf of the buyer, NB Private Capital, which acquired the asset for $15 million. The […]

PRESIDIO RESIDENTIAL CAPITAL AND COASTAL COMMUNITY BUILDERS ANNOUNCE THE OPENING OF TEMPLETON RANCH

TEMPLETON, CA–(Marketwired – May 22, 2017) – Presidio Residential Capital and Coastal Community Builders recently announced that Templeton Ranch, a 16.7-acre community offering 107 single-family homes located at 221 North Maine Street in Templeton, Calif., is now open. Interested homebuyers are invited to tour the recently completed model homes. “The beautiful homes at Templeton Ranch […]

HRC SECURES $7.6MM BRIDGE LOAN FOR WAREHOUSE REPOSITIONING AND RENOVATION

HRC secured a $7,600,000 bridge loan for the repositioning and renovation of a 41,805 sf warehouse/distribution building into creative office space. The property is located just over the 4th Street Bridge from the Arts District and is perfectly positioned to convert into creative office space. The current rents are less than $1psf FSG with a […]

HRC SECURES EQUITY AND DEBT FINANCING FOR NAPA VALLEY HOTEL ACQUISITION

Los Angeles, CA – February 4, 2014 Highland Realty Capital, Inc. (“HRC”) arranged $42,500,000 in bridge financing and $4.5 million in equity for the acquisition of a 74-room boutique located on Hwy 29 in St. Helena, CA. The sponsor, Palmer City-Core Hotels (“PCCH”), a partnership between The Charlie Palmer Group and San Francisco based City-Core […]

HRC SECURES $34,000,000 BRIDGE LOAN

Los Angeles, CA – December 16, 2013 Highland Realty Capital, Inc. (“HRC”) arranged $34,000,000 in bridge financing for the acquisition of a 2 building, 366,600 sf industrial property in Santa Ana, CA. The sponsor, Dyer 18, LLC acquired the property from a joint venture between Denver based Alliance Commercial Partners and Carval Investors. READ MORE […]