Office Building
Arlington, VA
Procured a fixed-rate, permanent loan for this two-story, Class-A medical office building located in Lorton, Virginia. The property contains 20,947 rentable square feet and is 100% leased. A local bank provided the financing for this transaction.
The project, which spans two city blocks in Northwest Washington, DC, anchored by a Giant grocery, contains approximately one million square feet of mixed-use development including residential, retail and hotel uses. Financing was procured from a private investor.
Secured a fixed-rate, permanent loan to refinance this apartment building in Rockville, Maryland. A national bank provided the financing for this transaction.
Apartment Building
Rockville, MD
Flex/Industrial Warehouse
Elkridge, MD
Secured fixed-rate permanent financing to refinance a three-strory office building in Northern Virginia. Financing included structuring around high vacancy and near term rollover.
Office Building
Fairfax, VA
Two Flex Buildings
Sterling, VA
Secured a fixed-rate permanent loan to refinance this three-story office building in Sterling, Virginia. Financing was provided by a national life insurance company.
Office Building
Sterling, VA
Class A Office Portfolio
Chantilly, VA
Secured a fixed-rate, permanent loan to refinance this office portfolio of two buildings in Reston, Virginia. Financing was obtained from an international bank.
Fast Food Portfolio
DC, MD, VA
Procured a fixed-rate, 15-year loan to refinace this 136,762 square foot office building located in Bethesda, Maryland. This six-story building was constructed in 1981 and is equipped with three elevators.
Class A Office Building
Bethesda, MD
Long-Term Ground Lease
Bethesda, MD
Apartment Building
Washington, DC
Apartment Building
Washington, DC
Portfolio
Gainesville, VA
Secured a 10-year, fixed-rated loan in the amount of $20,000,000 to refinance this 143,500 square foot shopping center in Silver Spring, Maryland. Financing was provided by one of our correspondent lenders.
Shopping Center
Silver Spring, MD
Obtained a fixed-rate Fannie Mae loan for this established multi-family property. The apartment community is located in Santee, California, a San Diego suburb.
Apartment Community
Santee, CA
Financing was provided by one of our correspondence lenders for this medical office building in Silver Spring, MD.
Medical Office Building
Silver Spring, MD
Obtained a $17,040,000 aquisition loan to purchase this mixed-use/multi-family property in Annapolis, MD.
Mixed-Use/Multi-Family
Annapolis, MD
Retail Center
Gaithersburg, MD
Two Flex/Warehouse Buidlings
Rockville, MD
Medical Office Building
Lorton, VA
As a supplement to leverage on commercial real estate transactions, Phillips Realty Capital offers a full range of Equity Placement Services, including the following:
Phillips represents sources interested in the acquisition of commercial real estate throughout the Washington DC metropolitan region. These sources seek to acquire well-located office, retail and industrial properties. Generally speaking, properties acquired are held for a long-term, with a minimum strategy of six years.
Transactions size ranges from $2.5 million to $5 million. Equity interests require a 100% position, however, lesser positions will be considered depending on the transaction.
Supporting first trust financing, certain Phillips equity sources are available to provide mezzanine or "second-tier" financing. These equity sources require a preferred coupon rate of interest, commensurate with the transactional risk, as well as an "equity kicker". When permitted by the first trust, a recorded second trust portion is required.
Transaction size for Mezzanine equity ranges from $150,000 to $1,000,000.
Phillips Realty Capital equity sources are also available to support the commercial real estate developer in the development of well located commercial properties. These equity sources require a preferred coupon rate of interest, commensurate with the transactional risk, along with a substantial ownership portion in the venture.
Projects must have a well-defined short term disposition strategy, generally less than a year after completion, that yields a minimum return to the investors of 25%.
Transaction size for Pre-Development equity ranges from $250,000 to $3,000,000.