Posts Tagged ‘non-recourse’
MacKenzie 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 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…
Read MoreMacKenzie Capital Secures Financing for Two Weis Markets-Anchored Shopping Centers in PA
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…
Read More