Transactions

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Altitude on Main (formerly Wytestone Plaza)

Richmond, VA (CBD)

CONSTRUCTION/REHAB FINANCING (PRIVATE FUND LENDER)
385,000 SF OFFICE TO RESIDENTIAL CONVERSION (302 APARTMENT + 8,500 COMMERCIAL + 350 PARKING SPACES
HISTORIC TAX CREDITS (FEDERAL & STATE)
*RPC PRESIDENT RELATED PROJECT

Altitude at Stone Port (JMU)

Harrisonburg, VA

$29,000,000 IN LIMITED RECOURSE MINI-PERM FINANCING (REGIONAL BANK EXECUTION)
140 UNIT/425 BED STUDENT HOUSING APARTMENT COMMUNITY
5 YEARS; 30 YEAR AMORTIZATION
*RPC PRESIDENT RELATED PROJECT

Altitude at Stone Port II (JMU)

Harrisonburg, VA

$17,000,000 IN RECOURSE CONSTRUCTION FINANCING (REGIONAL BANK EXECUTION)
102 UNIT/131 BED STUDENT HOUSING/MARKET RATE APARTMENT COMMUNITY
30 MONTH INTEREST-ONLY TERM
*RPC PRESIDENT RELATED PROJECT

The Ella Scott's Addition Apartments

Richmond, VA

$40,200,000 IN NON-RECOURSE CONSTRUCTION/PERMANENT FINANCING (VIRGINIA HOUSING/VHDA EXECUTION)
250 UNIT APARTMENT COMMUNITY
35 YEAR TERM; 35 YEAR AMORTIZATION
*RPC PRESIDENT RELATED PROJECT

The Berkeley Hotel

Richmond, VA

$7,000,000 IN RECOURSE MINI-PERMANENT FINANCING (REGIONAL BANK EXECUTION)
55 KEY BOUTIQUE HOTEL
7 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION
*RPC PRESIDENT RELATED PROJECT

ICON Apartments

Norfolk, VA

$69,000,000 IN NON-RECOURSE PERMANENT FINANCING (VIRGINIA HOUSING/VHDA EXECUTION)
269 UNIT APARTMENT COMMUNITY
30 YEAR TERM; 30 YEAR AMORTIZATION

Metro on Granby Apartments

Norfolk, VA

$20,400,000 IN NON-RECOURSE PERMANENT FINANCING (VIRGINIA HOUSING/VHDA EXECUTION)
136 UNIT APARTMENT COMMUNITY
30 YEAR TERM; 30 YEAR AMORTIZATION

Law Building Apartments

Norfolk, VA

$20,800,000 IN NON-RECOURSE PERMANENT FINANCING (VIRGINIA HOUSING/VHDA EXECUTION)
135 UNIT APARTMENT COMMUNITY
30 YEAR TERM; 30 YEAR AMORTIZATION

Aura Downtown Apartments

Norfolk, VA

$25,100,000 IN NON-RECOURSE PERMANENT FINANCING (VIRGINIA HOUSING/VHDA EXECUTION)
156 UNIT APARTMENT COMMUNITY
30 YEAR TERM; 30 YEAR AMORTIZATION

Fusion at Neon

Norfolk, VA

$48,000,000 IN NON-RECOURSE CONSTRUCTION/PERMANENT FINANCING (VIRGINIA HOUSING/VHDA EXECUTION)
237 UNIT APARTMENT COMMUNITY
35 YEAR TERM; 35 YEAR AMORTIZATION

The Mutual Building Apartments

Richmond, VA

$30,000,000 IN NON-RECOURSE CONSTRUCTION/PERMANENT FINANCING (VIRGINIA HOUSING/VHDA EXECUTION)
168 UNIT APARTMENT COMMUNITY
35 YEAR TERM; 35 YEAR AMORTIZATION

908 Perry Street Apartments

Richmond, VA

$4,000,000 IN NON-RECOURSE PERMANENT FINANCING (VIRGINIA HOUSING/VHDA EXECUTION)
41 UNIT APARTMENT COMMUNITY
30 YEAR TERM; 30 YEAR AMORTIZATION

Three Chopt West Apartments

Richmond, VA

$20,670,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE MAC EXECUTION)
290 UNIT APARTMENT COMMUNITY
10 YEAR TERM; FULL TERM IO

The Scout Scott's Addition Apartments

Richmond, VA

$33,000,000 IN NON-RECOURSE CONSTRUCTION/PERMANENT FINANCING (VHDA EXECUTION)
190 UNIT APARTMENT COMMUNITY + 30,000 SF COMMERCIAL
34 YEAR TERM; 34 YEAR AMORTIZATION

Preserve at Scott’s Addition Apartments

Richmond, VA

$25,000,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
194 UNIT APARTMENT COMMUNITY (HISTORIC TAX CREDIT & NEW CONSTRUCTION)
10 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION

Hampton Inn & Suites

DuPont, WA

$12,000,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
115 KEY HOTEL
10 YEAR TERM; 30 YEAR AMORTIZATION

Venture in Tech Center Apartments

Newport News, VA

$32,000,000 IN LIMITED RECOURSE CONSTRUCTION FINANCING (REGIONAL BANK EXECUTION)
288 UNIT APARTMENT COMMUNITY
42 MONTHS INTEREST-ONLY TERM + 2, 12-MONTH EXTENSIONS

Marshall Broad Apartments

Richmond, VA

$3,435,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE MAC EXECUTION)
29 UNIT APARTMENT COMMUNITY (HISTORIC TAX CREDIT)
10 YEAR TERM; 30 YEAR AMORTIZATION

Hampton Inn & Suites by Hilton

Roanoke, VA

$15,000,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
130 KEY HOTEL
10 YEAR TERM; 30 YEAR AMORTIZATION

The Penny at Jackson Ward Apartments

Richmond, VA

$24,300,000 IN NON-RECOURSE CONSTRUCTION/PERMANENT FINANCING (VHDA EXECUTION)
170 UNIT APARTMENT COMMUNITY + 5,000 SF COMMERCIAL
33 YEAR TERM; 33 YEAR AMORTIZATION

Paper Company Apartments

Richmond, VA

$8,500,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
88 UNIT APARTMENT COMMUNITY (HISTORIC TAX CREDIT)
10 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION

PortRVA Apartments

Richmond, VA

$10,100,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
104 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 1 YEAR INTEREST-ONLY; 30 YEAR AMORTIZATION

865 East Student Apartments (JMU)

Harrisonburg, VA

$16,8500,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
274 BED STUDENT HOUSING COMMUNITY
10 YEAR TERM; 5 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION

Diamond North Apartments

Virginia Beach, VA

$23,200,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
180 UNIT APARTMENT COMMUNITY (NEW CONSTRUCTION)
10 YEAR TERM; 3 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION

Element at Ghent Apartments

Norfolk, VA

$24,000,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
164 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION

Hampton Inn & Suites by Hilton

Charlotte Airport, NC

$15,500,000 IN NON-RECOURSE PERMANENT FINANCING (CMBS EXECUTION)
131 KEY HOTEL
10 YEAR TERM; 30 YEAR AMORTIZATION

Old Bridge Apartments

Richmond, VA

$10,000,000 IN NON-RECOURSE PERMANENT FINANCING (LIFE INSURANCE EXECUTION)
222 UNIT APARTMENT COMMUNITY
20 YEAR TERM; 20 YEAR AMORTIZATION

Courtyard Loft Apartments

Richmond, VA

$11,500,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
90 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 2 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION

West Broad Street Apartments

Richmond, VA

$14,560,000 IN NON-RECOURSE PERMANENT FINANCING (VHDA EXECUTION)
102 UNIT APARTMENT COMMUNITY + 10,000 SF COMMERCIAL
30 YEAR TERM; 30 YEAR AMORTIZATION

South Street Loft Apartments

Petersburg, VA

$2,420,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE MAC EXECUTION)
41 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 30 YEAR AMORTIZATION

Colonial Heights Apartments

Colonial Heights, VA

$4,920,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE MAC EXECUTION)
109 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 30 YEAR AMORTIZATION

Stella360 Apartments

Richmond, VA

$3,525,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
33 UNIT APARTMENT COMMUNITY (HISTOTIC TAX CREDIT)
10 YEAR TERM; 30 YEAR AMORTIZATION

JSOJ Apartments

Petersburg, VA

$6,760,000 IN NON-RECOURSE PERMANENT FINANCING (FANNIE MAE EXECUTION)
10 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 30 YEAR AMORTIZATION

Residence Inn by Marriott

Short Pump (Goochland), VA

$17,000,0000 CONSTRUCTION FINANCING (REGIONAL BANK EXECUTION)
130 KEY MARRIOTT HOTEL
5 YEAR TERM; IO

Forest Square Apartments

Richmond, VA

$2,600,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE MAC EXECUTION)
42 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 1 YEAR IO; 30 YEAR AMORTIZATION

Madison Terrace Apartments

Hopewell, VA

$2,625,000 IN NON-RECOURSE AQUISITION/PERMANENT FINANCING (FANNIE MAE EXECUTION)
76 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 1 YEAR INTEREST-ONLY; 30 YEAR AMORTIZATION

Atrium on Broad Apartments

Richmond, VA

$3,706,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE SBL EXECUTION)
42 UNIT APARTMENT COMMUNITY + 3,600 SF COMMERCIAL
10 YEAR TERM; 3 YEARS INTEREST-ONLY; 30 YEAR AMORTIZATION

Revival Apartments

Richmond, VA

$1,505,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE SBL EXECUTION)
15 UNIT APARTMENT COMMUNITY
10 YEAR TERM; 1 YEAR INTEREST-ONLY; 30 YEAR AMORTIZATION

Landmark at 1700 Apartments

Richmond, VA

$3,600,000 IN NON-RECOURSE PERMANENT FINANCING (FREDDIE SBL EXECUTION)
22 UNTI APARTMENT COMMUNITY + 5,000 SF COMMERCIAL
10 YEAR TERM; 30 YEAR AMORTIZATION