TR
Target Rock Partners
Debt Placement
Target Rock Partners can source multiple types of debt: large or small, fixed rate or floating rate, permanent or bridge, acquisition, refinance, construction or recapitalization. The team’s excellent relationships with debt sources combined with its extensive knowledge of the capital providers allows it to structure, negotiate, and close transactions in a timely manner. Our capital sources include securitized lenders, life insurance companies, banks and private lenders. Target Rock Partners' deep ties with lenders has also allowed us to negotiate on behalf of distressed borrowers who are seeking relief, while introducing them to the appropriate sources of new debt. The following is a list of representative transactions and assignments.
$153,000,000
Mid-Atlantic Commercial Portfolio - 52 Properties
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Office/Retail/Industrial
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Refinance
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10 yr term / 30 yr am
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68% LTV
$40,000,000
Net Lease Portfolio
18 Properties
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Refinance
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Self-liquidating
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15 yr term / am
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75% LTV
$18,900,000
Southeast Grocery
Centers - 130,600 SF
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Refinance
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10 yr term / 30 yr am
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75% LTV
$13,800,000
Missouri Apartments
213 units
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Refinance
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10 yr term / 30 yr am
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75% LTV
$3,600,000
California Net Lease
Warehouse - 20,750 SF
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Refinance
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10 yr term / 30 yr am
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65% LTV
$8,800,000
California Grocery Center
53,000 SF
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Acquisition Finance
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10 yr term / 25 yr am
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60% LTV
$11,250,000
Virginia Grocery Center
128,214 SF
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Refinance
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10 yr term / 25 yr am
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69% LTV
$9,300,000
Florida Limited Service
Hotel - 109 Rooms
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Refinance
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10 yr term / 30 yr am
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75% LTV
$15,725,000
Net Lease Portfolio
170,000 SF
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Refinance
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10 yr term / 15 yr am
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65% LTV
$9,300,000
Michigan Apartments
170 Units
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DPO Advisory
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10 yr term / 25 yr am
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70% LTV
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90% DPO
$4,700,000
North Carolina Grocery
Center - 58,000 SF
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Refinance
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10 yr term / 30 yr am
-
75% LTV
$49,870,000
Mid-Atlantic Apartment
Portfolio - 971 Units
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Refinance
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10 yr term / 30 yr am
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75% LTV
$11,755,000
Missouri Apartments
424 Units
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Refinance
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10 yr term / 25 yr am
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58% LTV
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Future Mezz Option
$15,500,000
Texas Office Flex
295,000 SF
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DPO Advisory
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Refinance
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10 yr term / 25 yr am
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70% LTV
$10,200,000
Texas Limited Service
Hotels - 240 Rooms
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Refinance
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5 yr term / 30 yr am
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70% LTV
$12,000,000
Maryland Mixed-Use
77,000 SF
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Acquisition Financing
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2 yr term / Interest Only
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85% LTC
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95% Purchase Price
$7,030,000
South Carolina Grocery Center - 51,700 SF
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Refinance
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5 yr term / 25 yr am
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76% LTV
$31,000,000
California Self-Storage
Portfolio - 4 Properties
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Refinance
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10 yr term / 30 yr am
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75% LTV
$19,100,000
Silicon Valley Multifamily
52 Units
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Acquisition Finance
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3 yr term / I.O.
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75% LTC
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82% Purchase Price
$8,700,000
Los Angeles Multifamily
82 Units
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Acquisition Finance
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1 yr term / I.O.
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75% LTV
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93% Purchase Price
$9,723,750
Brooklyn Apartments
23 Units
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Refinance
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10 yr term / 30 yr am
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75% LTV
$7,450,000
South Carolina Office
94,247 SF
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Acquisition Finance
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5 yr Term / 30 yr am
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80% LTV
$10,050,000
South Carolina Flex/Office Portfolio - 111,758 SF
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Acquisition Finance
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5 yr Term / 30 yr am
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85% LTV
$14,250,000
Oregon Multifamily
156 Units
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Refinance
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5 yr term / 3 yrs I.O.
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80% LTV