Investment Banking Group

Examples of transactions closed by members of the Investment Banking Group:

Development financing - Watercolor at North Street Apartments, Ft. Worth, TX.  Arranged 100% financing including construction debt, equity, and a financial guarantor totaling $35,200,000. Development financing - Mason Park Apartments in Katy, TX.  Construction financing for $19,400,000. Permanent financing - Mason Place Shopping Center in Katy, TX. $2,500,000. Development financing - Rockwall Commons in Rockwall, TX.  Arranged 100% financing including construction loan and equity totaling $26,054,000 Development financing - Enclave at Horseshoe Bay in Horseshoe Bay, TX.  Arranged 100% financing including a construction loan, equity and a financial guarantor totaling $10,692,000. Development financing - The Presidio Apartments, Bryan, TX.  $39,240,167 including construction financing, permanent financing and equity financing. Development financing - Virginia Gardens Senior Housing, McKinney, TX.  $35,887,518 including construction financing, permanent financing and equity financing. Condo conversion financing - Park Shelton Condos, Detroit, MI.  $19,900,000 including acquisition financing, rehab financing and revolving line of credit. Development financing – Stone Manor at Stoney Brook Apartments, Rogers, AK.  Construction financing, $19.75 million; Permanent financing, $19.75 million; Equity financing, $3.25 million. Permanent financing for the 666 unit Jefferson at Montfort Apartments in Dallas, TX. For $40 million. Development financing – Westin Hotel, Indianapolis, IN.  Construction financing, $60 million; Permanent financing, $45 million; Equity financing, $15 million; Bond credit enhancement, $10 million Development financing – Pictoria Tower One, Cincinnati, OH.  Joint venture pre-sale providing 100% of cost plus 40-50% of value created above cost for a 100% spec office building for $36.6 million. Development financing – Park Center Office Building, Dallas, TX.  Joint venture takeout financing to cover 99% of project cost for a 100% spec office building for $37 million Development financing – Kensington Galleria Mixed Use Project consisting of a 180,000 square foot office building, a 400 room hotel, and  250,000 square feet of retail space:  $64.5 million in senior debt; $92 million if equity. Development financing - Rockwall Commons , a mixed use project consisting of 202 multifamily units and 18,674 square feet of commercial space:  $24.5 million construction loan, $24.5 million permanent forward loan, and $1,554,000 of equity. Financing for expansion of existing corporate headquarters and distribution center for Hobby Lobby in Oklahoma City, OK totaling 1.75 million square feet for the private, unrated company for $48 million.  Pricing was fixed at commitment for both the existing and to-be-built components. Permanent financing for The Shelton high-rise apartments  in Preston Center in Dallas, TX for $13.6 million Permanent financing for portfolio of 13 apartment properties in three states for $157 million. Permanent and mezzanine financing for acquisition and rehabilitation of Ridgetree Apartments in Dallas, TX totaling $ 25.2 million. Credit enhancement for tax-exempt bonds for the Canal Square Apartments in Indianapolis, IN totaling $21.5 million Construction/mini-perm financing for the Villas at Eldorado Apartments in McKinney, TX for $16 million. Financing for single tenant facility for Allgon Corporation in Arlington, TX for $6 million. Credit tenant financing for facility in Blue Bell, PA for Dana Corp. for $6.5 million. Construction/permanent for ten Embassy Suite Hotels aggregating to over $300 million.   Senior debt for $109 million for a portfolio of hotels. Acquisition financing for a multifamily property in Denver, CO for $8.5 million Construction take-out loans for apartment development financing in Las Vegas, NV for $15.8 million. Portfolio financing for the Millennium Portfolio consisting of  five retail centers in TX for $40 million. Permanent financing for the Presidential Green Apartments for $20.5 million Permanent financing for Prestonwood Country Club for $10.5 million Permanent financing for Campus Park Student Apartments for $7.3 million. Permanent financing for Cartwheel Nursing Home for $3.2 million. Permanent financing – Sunset Oaks Apartments; $11,520,000 permanent loan Permanent financing – Vista Springs Apartments; $7 million permanent loan Permanent financing – Vanderbilt/Biltmore Apartments, Houston , TX ; $16,450,000 Development financing – Shenandoah Park Apartments;  $12,725,000 construction and permanent loan Permanent financing – Norstar at Bear Creek Apartments; $14,680,000 Development financing – Canal Square Apartments in Indianapolis , IN ; $14,587,500 construction loan, $14,587,500 credit enhancement for tax exempt bonds, and $4,862,500 participating second mortgage Permanent financing – 1800 Bering Drive Office Building ; $21,500,000 Permanent financing – 1801 L Street Office Building , Washington , D.C. ; $35 million LIBOR based Permanent financing – Briarcrest Apartments; $9,400,000 Permanent financing – Tallows Apartments; $9,6680,000 Permanent financing – Southern Hills Apartments; $6,880,000 Permanent financing - The Villages of Woodland Hills Shopping Center, Tulsa, OK;  $9,500,000