Posts Tagged ‘MacKenzie Capital’
MacKenzie Capital Welcomes New Analyst Jack Ward
MacKenzie Capital, LLC is pleased to announce that Jack Ward has joined their team as an Analyst. Working from the firm’s Lutherville office, Jack will partner with MacKenzie Capital President John Black and Vice President Brendan Harman to support the team’s growing portfolio of business throughout the Mid-Atlantic and Southeast Regions. Jack will work to…
Read MoreMacKenzie Capital Refinances Portfolio of 10 Properties
MacKenzie Capital, LLC is pleased to announce they secured refinance proceeds for 10 assets with seven separate loans from two different lenders. The assets included nearly 100,000 sf of office/retail/flex space, a 54-slip marina, 32 multifamily units, and 553 self-storage units. The assets are in diverse submarkets such as southern Pennsylvania, the Eastern Shore, and…
Read MoreMacKenzie Capital Arranges Construction Loan for Mount Vernon Redevelopment
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…
Read MoreMacKenzie Capital Arranges Construction Interim Loan
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…
Read MoreMacKenzie Capital Secures Historically Low Rate Refinancing
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…
Read MoreMacKenzie Capital’s COVID Closings Surpass $47 Million
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…
Read MoreMacKenzie Platform Facilitates Sale, Financing, Leasing and Management Assignment
MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of Emmorton Professional Center in Harford County, Maryland. Located at 2107-2109 Laurel Bush Road in Bel Air, the 35,259 square foot office building was 92% leased at time of sale and includes a mix of government, national credit, and local tenants. The…
Read MoreMacKenzie Capital Secures $52 Million in Financing in Maryland, Virginia, and North Carolina
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…
Read MoreMacKenzie Capital Secures $10.3 Million for Hotel Development, Rehoboth, DE
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…
Read MoreMacKenzie Capital Secures Cash Out Non-Recourse Financing in Frederick, MD
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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