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

 

  • Office/Retail/Industrial

  • Refinance

  • 10 yr term / 30 yr am

  • 68% LTV

$40,000,000

Net Lease Portfolio

18 Properties

 

  • Refinance

  • Self-liquidating

  • 15 yr term / am

  • 75% LTV

$18,900,000

Southeast Grocery

Centers - 130,600 SF

 

  • Refinance

  • 10 yr term / 30 yr am

  • 75% LTV

$13,800,000

Missouri Apartments

213 units

 

  • Refinance

  • 10 yr term / 30 yr am

  • 75% LTV

$3,600,000

California Net Lease

Warehouse - 20,750 SF

 

  • Refinance

  • 10 yr term / 30 yr am

  • 65% LTV

$8,800,000

California Grocery Center

53,000 SF

 

  • Acquisition Finance

  • 10 yr term / 25 yr am

  • 60% LTV

$11,250,000

Virginia Grocery Center

128,214 SF

 

  • Refinance

  • 10 yr term / 25 yr am

  • 69% LTV

$9,300,000

Florida Limited Service

Hotel - 109 Rooms

 

  • Refinance

  • 10 yr term / 30 yr am

  • 75% LTV

$15,725,000

Net Lease Portfolio

170,000 SF

 

  • Refinance

  • 10 yr term / 15 yr am

  • 65% LTV

$9,300,000

Michigan Apartments

170 Units

 

  • DPO Advisory

  • 10 yr term / 25 yr am

  • 70% LTV

  • 90% DPO

$4,700,000

North Carolina Grocery

Center - 58,000 SF

 

  • Refinance

  • 10 yr term / 30 yr am

  • 75% LTV

$49,870,000

Mid-Atlantic Apartment

Portfolio - 971 Units

 

  • Refinance

  • 10 yr term / 30 yr am

  • 75% LTV

$11,755,000

Missouri Apartments

424 Units

 

  • Refinance

  • 10 yr term / 25 yr am

  • 58% LTV

  • Future Mezz Option

$15,500,000

Texas Office Flex

295,000 SF

 

  • DPO Advisory

  • Refinance

  • 10 yr term / 25 yr am

  • 70% LTV

$10,200,000

Texas Limited Service

Hotels - 240 Rooms

 

  • Refinance

  • 5 yr term / 30 yr am

  • 70% LTV

$12,000,000

Maryland Mixed-Use

77,000 SF

 

  • Acquisition Financing

  • 2 yr term / Interest Only

  • 85% LTC

  • 95% Purchase Price

$7,030,000

South Carolina Grocery Center - 51,700 SF

 

  • Refinance

  • 5 yr term / 25 yr am

  • 76% LTV

$31,000,000

California Self-Storage

Portfolio - 4 Properties

 

  • Refinance

  • 10 yr term / 30 yr am

  • 75% LTV

$19,100,000

Silicon Valley Multifamily

52 Units

 

  • Acquisition Finance

  • 3 yr term / I.O.

  • 75% LTC

  • 82% Purchase Price

$8,700,000

Los Angeles Multifamily

82 Units

 

  • Acquisition Finance

  • 1 yr term / I.O.

  • 75% LTV

  • 93% Purchase Price

$9,723,750

Brooklyn Apartments

23 Units

 

  • Refinance

  • 10 yr term / 30 yr am

  • 75% LTV

$7,450,000

South Carolina Office

94,247 SF

 

  • Acquisition Finance

  • 5 yr Term / 30 yr am

  • 80% LTV

$10,050,000

South Carolina Flex/Office Portfolio - 111,758 SF

 

  • Acquisition Finance

  • 5 yr Term / 30 yr am

  • 85% LTV

$14,250,000

Oregon Multifamily

156 Units

 

  • Refinance

  • 5 yr term / 3 yrs I.O.

  • 80% LTV