Merced Station Merced, CA
Previous Next Merced Station Merced, CA Investment Type: Lender Financing / Construction Completion Property Description: Student Housing / Retail Loan Amount: $48MM MRC provided $48MM in lender financing collateralized by a 36%-complete, 885-bed student housing development in Merced, California The property is located proximate to UC Merced, which is the newest addition the University […]
JFK Parkway Short Hills, NJ
Previous Next JFK Parkway Short Hills, NJ Investment Type: Acquisition Financing / Lender Financing Property Description: Office Loan Amount: $35MM MRC originated a $35MM A-Note collateralized by the leasehold interest in a fully-leased, two-building, 315,000 RSF Class A office portfolio in Short Hills, New Jersey The previous owner invested nearly $5MM into the portfolio, […]
Tonelle Avenue North Bergen, NJ
Previous Next Tonelle Avenue North Bergen, NJ Investment Type: Co-Lending / Construction Completion Property Description: Multifamily Loan Amount: $42MM MRC acquired an 80% pari-passu interest in a $53MM construction loan collateralized by a 177,073 SF, 214-unit multifamily development that benefits from a 30-year PILOT located in North Bergen, New Jersey During the term of […]
Myrtle Point Queens, NY
Myrtle Point Queens, NY Investment Type: Construction Financing Property Description: Retail / Multifamily Loan Amount: $106MM MRC originated a $106MM first mortgage loan collateralized by a development site for a 17-story, 138-unit tower atop 93,000 RSF of retail and community facility space in the Ridgewood neighborhood of Queens, New York MRC already held a […]
Envy Pompano Beach, FL
Previous Next Envy Pompano Beach, FL Investment Type: Construction Completion Property Description: Multifamily / Retail Loan Amount: $50MM MRC originated a $50MM first mortgage loan collateralize by Envy, a newly-constructed 214-unit multifamily building with ground-floor retail space in Pompano Beach, Florida The Borrower completed construction of Envy ahead of schedule and has benefitted from […]
Boylston Street Boston, MA
Previous Next Boylston Street Boston, MA Investment Type: Construction Financing Property Description: Multifamily / Retail Loan Amount: $165MM MRC originated a $165MM first mortgage loan collateralized by the 451-unit, 291,000 GSF luxury multifamily development site in the Fenway neighborhood of Boston, Massachusetts The Property will offer efficiently furnished units and provide services including utilities, […]
MADISON AVENUE NEW YORK, NY
Madison Avenue New York, NY Previous Next Madison Avenue New York, NY Investment Type: Condo Inventory Property Description: Residential Co-op Loan Amount: $100MM Madison originated a $100MM first mortgage loan collateralized by the leasehold interest in a 13-unit, 51,222 NSF luxury residential co-operative project located at 1228 Madison Avenue in the Upper East Side neighborhood […]
Mixed-Use PortfolioAustin, TX
Previous Next Mixed-Use Portfolio Austin, TX Investment Type: Construction Financing Property Description: Condo / Multifamily / Retail Loan Amount: $279MM MRC originated a $279MM first mortgage loan collateralized by a 117-unit luxury condominium project with 5,200 SF of retail space called The Linden Residences, a two-phased development called East Village with 734 rental apartments and […]
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