Recent Closings
Dominion Realty Capital Arranges a $29 Million Construction Loan for 9-17 Second Avenue in Manhattan
Working on behalf of BFC Partners, DRC placed the loan with an institutional lender. 9-17 Second Avenue is located at the southwest corner of Second Avenue and East First Street in the heart of the East Village. The ground up development will include 65 apartments and 6,000 square feet of retail space at grade.
“Any construction financing is difficult to arrange in this market. It was a combination of BFC’s track record, the project’s stellar location and the economics of the deal which enabled the lender to commit”, said David Rafiy, President of Dominion Realty Capital.
Dominion Realty Capital arranges a $8 Million Permanent Loan secured by Gibson Guitar Corporation’s Primary Manufacturing and Warehouse Facilities
Working on behalf of W.P. Carey & Co. LLC, DRC placed the loan with a regional lender.
“Securing capital for single net leased specialty use property is a challenge. Capitalizing on the sponsor’s track record, the strength of the tenant’s credit and the economics of the deal, we were able to place the loan with a local regional lender” said David Rafiy, President of Dominion Realty Capital.
Dominion Realty Capital Arranges a $20.1 Million Permanent Loan on a Portfolio of Three Walgreens Pharmacy Stores in the Pacific Northwest
DRC placed the loan with a life insurance company. “The loan featured a 20-year term and a low cost of capital far superior to a private placement execution in the credit-tenant lease marketplace”, said David Rafiy, President of Dominion Realty Capital.
Dominon Realty Capital Arranges the Acquisition of a $16 Million Pool of Non-Performing Mortgage Loans
DRC, as an adviser to a private equity investment manager, arranged for the acquisition of a $16 million pool of non-performing loans secured by a 73,000 square foot multi-tenant medical office building portfolio in Norwalk, Connecticut from a regional bank.
Dominion Realty Capital Arranges a $6 million Non-Recourse First Mortgage Financing On a Single Net Leased Cross-Docked Truck Terminal in Elk Grove, Village, Illinois.
Working on behalf of W.P. Carey & Co. LLC, DRC placed the loan with an institutional lender.
Dominion Realty Capital Arranges a $5 Million Non-Recourse First Mortgage Financing on Datalogic Scanning’s Corporate Headquarters in Eugene, Oregon.
Working on behalf of W.P. Carey & Co. LLC, DRC placed the loan with an institutional lender.
Dominion Realty Capital Arranges a $8 million Non-Recourse First Mortgage Loan on a full-service Hilton Hotel in Florida for a Regional Hotel Owner and Operator.
Dominion Realty Capital Arranges a $19 million Non-Recourse First Mortgage loan on U.S. Airways Corporate Headquarters in Tempe, Arizona.
Working on behalf of W.P. Carey & Co. LLC, DRC placed the loan with a regional lender. The trophy office asset comprised of 225,000 square feet.
Triangle Building: New Market Tax Credit and financial advisor for the development of the Triangle Building – a 40,000 square foot office building in New York City.
Bartlett Dairy Distribution Facility: Financial advisor to Brick City Development Corporation for $6.5 million equity investment for the acquisition and development of the Bartlett Dairy Distribution Facility in Newark, NJ.
Natura Costa Rica: Financial advisor for $15 million equity investment for the development of 95 luxury homes in Escaleras, Costa Rica.
Pombo Building: Financial advisor to Wave Management for $7 million equity investment of an eco-luxury condo-hotel property featuring 50 suites located in Cartagena, Columbia.