Representative Deals

Atlanta, GA
Refinance
Warehouse
3.95%

Life Company, Forward Rate Lock - $ 45 million

The sponsor built this 42′ clear warehouse deal on a spec basis on one of the best sites near the airport in Atlanta.  Before completing the site improvements, they landed two long term leases from quality tenants which would occupy 100% of the property.  Capital Slack worked with the sponsor to obtain a forward rate lock with one of our life insurance lender relationships.  The rate was locked nine months prior to the sponsor obtaining the certificate of occupancy and the loan was closed three days after CofO was received.