$21,600,000
- Marcel Town Center
- Property Type: Retail
- Loan Purpose: Refinance
- Location:Conroe, TX
- Term: 3 years
- Product Type: Balance Sheet - Floating
Bayview, through an affiliate, provided financing to allow the sponsor to retire the construction loan and recapitalize the transaction with new equity partners while the remaining tenants were in the process of building out their suites and taking occupancy.
$26,900,000
- Rio Norte – Laredo
- Property Type: Retail
- Loan Purpose: Refinance
- Location: Laredo, TX
- Term: 2 years
- Product Type: Balance Sheet – Floating
The sponsor was seeking a bridge loan in order to refinance Rio Norte Shopping Center, a 222,185-square-foot, fully leased, Class A power center in the Texas border town of Laredo. The proceeds were used to retire existing debt on the property and provide capital for the expansion of Ross Dress for Less and a newly executed lease for dd’s discounts.
$21,000,000
- Duane Reade Columbia University
- Property Type: Retail
- Loan Purpose: Refinance
- Location:New York, NY
- Term: 10 years
- Product Type: Balance Sheet – Floating & CMBS
The borrower was provided with a fixed rate CMBS loan on a retail property occupied by an investment grade tenant on a long-term lease. The fixed-rate financing refinanced a bridge loan provided by Bayview’s affiliate Oceanview Commercial Mortgage Finance, LLC. The bridge loan provided the Borrower time to work on an early renewal of the investment grade tenant and stabilize the property.
$10,165,000
- Somera Midwest Portfolio
- Property Type: Various
- Loan Purpose: Refinancing
- Location: Various
- Term: 2 years
- Product Type: Balance Sheet – Floating
The Sponsor was provided bridge financing on a parking garage encumbered by a below market lease and cold storage warehouse building that was recently fully leased to a new national tenant. Proceeds were used to refinance existing debt and fund the buildout to upgrade the cold storage facility.
$8,800,000
- Bemidji Mixed Use Portfolio
- Property Type: Various
- Loan Purpose: Refinance
- Location: Bemidji, MN
- Term: 10 years
- Product Type: CMBS
Bayview’s CMBS loan allowed the sponsor to pay off existing debt and achieve a cash out while also maximizing cash flow by locking in a low coupon for 10 years with a 30 year amortization and minimal on-going reserve collections. The collateral consists of two apartment buildings and two retail centers located in a small but healthy market in northern Minnesota.
$5,500,000
- Allen Ridge Luxury Apartments
- Property Type: Multifamily
- Loan Purpose: Refinance
- Location: Greenville, NC
- Term: 10 years
- Product Type: CMBS
Bayview provided the Borrower a 10 year fixed rate CMBS loan to refinance the property and provide a modest cash-out.
$34,000,000
- Hilton Oak Brook
- Property Type: Hospitality
- Loan Purpose: Refinance
- Location: Chicago, IL
- Term: 3 years
- Product Type: Balance Sheet - Floating
The sponsor was seeking a flexible loan to refinance a Hilton-flagged hotel after completing an extensive renovation of the property to allow the sponsor time to stabilize the operations and drive revenue growth to maximize value. The transaction was closed in less than 30 days.
$58,000,000
- Memphis, TN & Nashville
- Property Type: Mixed Use
- Loan Purpose: Refinance
- Location: Memphis, TN & Nashville, TN
- Term: 2 years
- Product Type: Balance Sheet - Floating
A borrower was provided with bridge financing on two fully-leased properties in Tennessee. Proceeds were used to refinance existing debt and fund the redevelopment and buildout for a long-term IG tenant while benefitting from the stabilized cash flow from the other property.
$22,500,000
- Heights at McArthur Park
- Property Type: Multifamily
- Loan Purpose: Refinance
- Location: Fayetteville, NC
- Term: 10 years
- Product Type: CMBS
CMBS refinancing of a two phase Class A well-amenitized garden-style apartment complex within close proximity to Fort Bragg. Bayview Commercial Mortgage Finance was able to provide long-term financing on this stable asset.
$16,200,000
- Shops at Worthington Place
- Property Type: Retail
- Loan Purpose: Acquisition
- Location: Worthington, OH
- Term: 2 years
- Product Type: Balance Sheet - Floating
The sponsor was seeking a balance sheet relationship to facilitate the acquisition of the asset with the business plan of renovating and re-tenanting a portion of the property to enhance the mixed-use potential at this location. This transaction was closed in 30 days.
$2,750,000
- Parkside Townhomes
- Property Type: Multifamily
- Loan Purpose: Refinance
- Location: Portland, TX
- Term: 10 years
- Product Type: CMBS
CMBS refinancing of a townhome style multifamily project in the Corpus Christi MSA. Bayview Commercial Mortgage Finance’s loan allowed the sponsor to recapture equity following the successful renovation of the project via a long-term financing solution.
$5,400,000
- Bailey Cove
- Property Type: Retail
- Loan Purpose: Refinance
- Location: Huntsville, AL
- Term: 10 years
- Product Type: CMBS
Bayview provided the long-term owner a 10 year fixed rate CMBS loan to refinance the mixed-use property and provide a modest cash-out.
$10,700,000
- Amicus Student Housing Portfolio
- Property Type: Multifamily
- Loan Purpose: Refinance
- Location: Various
- Term: 5 years
- Product Type: Balance Sheet – Fixed
The Sponsor was provided with fixed-rate financing on a student housing portfolio consisting of 12 assets located in Charleston, SC, Savannah, GA, Providence, RI and New Orleans, LA. Proceeds were used to refinance existing debt as the property has stabilized.
$11,400,000
- College Park
- Property Type: Office
- Loan Purpose: Acquisition
- Location: Detroit, MI
- Term: 2 years
- Product Type: Balance Sheet - Floating
The Sponsor was provided with acquisition financing on a Detroit area medical office building which will allow the sponsor time to increase occupancy to market levels. The loan is structured with future funding proceeds for accretive leasing.
$5,600,000
- 1360 East 6th Street
- Property Type: Industrial Warehouse
- Loan Purpose: Refinance
- Location: Los Angeles, CA
- Term: 18 months
- Product Type: Balance Sheet – Floating
The Sponsor was provided bridge financing on an industrial warehouse property in prime Arts District of LA to refinance higher cost existing debt and allow Sponsor to finalize plans to redevelop the property to its highest and best use.