Entries by erobirds

PRC Structured in Excess of $700M in Q12019, Firm’s Best Quarter Ever

Bethesda, MD, May 8, 2019 – Phillips Realty Capital announced that 1Q2019 was the best quarter in the mortgage banking firm’s 85-year history. Backed by best-in-class underwriting professionals, the production team structured more than $700 million of capital across property types and markets. The firm secured financing for retail, multifamily, office, cold storage industrial, hotel, […]

PRC Works with Brennan Investment Group on Development of Headquarters and Cold Storage Distribution Facility

Bethesda, MD, March 8, 2019 – Phillips Realty Capital is proud to have worked with Brennan Investment Group to secure development financing for a new headquarters and cold storage distribution facility for Poultry Products Northeast in Londonderry, New Hampshire. Financing was arranged by John Sieber and William Lawson and provided by Camden National Bank, a […]

PRC Structures $63 Million for Ohana Waikiki Malia Hotel in Honolulu

Bethesda, MD, February 6, 2019 – Phillips Realty Capital announced that a $63,000,000 transaction on behalf of Lucky Hotels USA has closed and funded. Benefit Street Partners provided fixed-rate permanent financing secured by the 327-room OHANA Waikiki Malia Hotel located in Honolulu, Hawaii. The financing was structured by John R. Sieber, Jr., CMB, a Principal […]