Retail

Project Features: Construction Financing $8,000,000 JV Equity Investment $23,000,000 Construction Loan RPC secured $23,000,000 in construction financing and $8,000,000 in joint venture equity for the construction of a 93,000 square foot grocery-anchored center located in Blue Bell, PA. The loan carried a 36-month construction period at LIBOR plus 210 basis points, with two six-month extensions. […]

Project Features: Permanent Refinance $14,000,000 Permanent Loan RPC arranged first mortgage financing to refinance a 133,444 square foot retail/office complex in Greenville, Delaware. This financing was underwritten at a 50% LTV and the loan was a fully amortizing 20-year term and featured no escrows or reserves.

Project Features: $5,400,000 Limited-Recourse Acquisition Loan 80% LTC and 75% LTV RPC closed a $5,400,000 loan on a 205 space multi-story parking garage with ground floor retail in Center City Philadelphia. The loan carries an initial 3-year term with a 25-year amortization and a floating interest rate of 350 basis point above the one month