Insights

MacKenzie Capital, LLC is pleased to announce they arranged construction development financing for the redevelopment of Grand Central into City House, a 38,000 square foot Class A office and retail project located in the heart of Baltimore’s Mount Vernon neighborhood. Situated along the thriving Charles Street Corridor, the project sits at the corner of Charles…

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MacKenzie Capital, LLC is pleased to announce they have secured approximately $15 million in construction/interim financing for a to-be-built 70,000 square foot medical office building. The significantly pre-leased building will be located outside the North gates of the Ocean Pines community in Ocean Pines, Maryland. MacKenzie Capital President John Black and Vice President Brendan Harman…

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MacKenzie Capital, LLC is pleased to announce they have secured refinancing for two medical office buildings totaling 89,000 square feet, one located in Baltimore County and one in Harford County. The two loans totaling approximately $17 million were fixed for 10 years, both with rates under 2.30%. MacKenzie Capital President John Black and Vice President…

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MacKenzie Capital, LLC is pleased to announce they have secured more than $47 million in project financing totaling 450,000 square feet in the past three months. Transactions spanned multiple asset classes including retail, mixed-use, office, and land development. Finance activity for these assignments involved acquisition, refinancing, and construction/interim financing. MacKenzie Capital President John Black and…

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MacKenzie Capital, LLC is pleased to announce they secured nearly $52 million in project financing in Maryland, Virginia, and North Carolina during the 4th Quarter 2019.  Assignments spanned multiple asset classes and included an office building, apartment complex, mixed-use project, boutique hotel, and a soft-branded hotel with marina. Finance activity for the assignments involved acquisition…

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John Black and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured $10.3 million in construction interim financing for a 93-room Holiday Inn Express & Suites located in Rehoboth Beach, Delaware. MacKenzie presented several financing options, however the best execution for the borrower with respect to interest rate and terms was…

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John Black, Will Goetschius, and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured $6.6 million in non-recourse financing to recapitalize an office building in Frederick, Maryland. The transaction refinanced existing debt and secured significant cash out proceeds to the sponsorship. The lender and the sponsorship were able to negotiate minimal…

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MacKenzie Capital (“MacCap”) is pleased to announce that it has placed a combined $14.38MM in senior and revolving line-of-credit financing on a portfolio of Weis Markets-anchored shopping centers in Pennsylvania’s Lehigh Valley. The sponsor is a family-owned company that has been in business for over 40 years in Eastern-Central Pennsylvania.  Through a highly-competitive process, MacCap…

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John Black, Will Goetschius, and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured development financing for a Hampton Inn & Suites in West Ocean City, Maryland. The hotel represents the seventh hotel transaction for the MacKenzie Capital team over the past two and a half years and their fifth successful…

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