Completed Engagements

Loan Financing – Multifamily Construction
$13,950,000

Loan Financing – Multifamily Construction

Lighthouse acted as exclusive advisor to provide financing for a construction project in East Orange (Essex County), NJ. The property is currently a 0.60 acre site of vacant land. The borrower is building a 60 unit multifamily property.

Deal Complexity: 100% of hard construction costs were financed by the Lender.

Loan Amount: $10,000,000
Rate: 4.25%
Max LTV: 75.0%
Term: 5 years (60 Months)
Interest Only Period: 5 Years (60 Months)
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Anchored Retail
$13,950,000

Loan Financing – Anchored Retail

Lighthouse acted as exclusive advisor to provide financing for a retail anchored shopping center in Sevierville, TN.

Deal Complexity: Full leverage financing on the roll-up of a Tenant In Common Borrower comprising of over 30 investors. Anchor tenant rolling 2 years after loan origination.

Loan Amount: $13,950,000
Rate: 5.53%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 2 Years (24 Months)
Minimum DSCR: 1.20x
Minimum DY: 8.75%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Single Tenant Retail Portfolio
$7,930,000

Loan Financing – Single Tenant Retail Portfolio

Lighthouse acted as exclusive advisor to provide financing for a portfolio of Starbucks and GSA tenants.

Deal Complexity: Full leverage financing on a single tenant portfolio with all tenants rolling within the loan term.

Loan Amount: $7,930,000
Rate: 5.36%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.25%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Single Tenant Retail
$2,500,000

Loan Financing – Single Tenant Retail

Lighthouse acted as exclusive advisor to provide financing for a single-tenant Walgreens store in Colorado Springs, CO.

Deal Complexity: Cash-out refinance of a single-tenant property with lease roll prior to loan maturity.

Loan Amount: $2,500,000
Rate: 4.58%
Max LTV: 65.0%
Term: 10 years (120 Months)
Amortization: 20 Years (240 Months)
Interest Only Period: 10 Years (120 Months)
Minimum DSCR: 1.20x
Minimum DY: 9.00%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Suburban Office
$5,500,000

Loan Financing – Suburban Office

Lighthouse acted as exclusive advisor to provide financing for a 30,651 square foot office property in Jersey City, NJ.

Deal Complexity: Over 60% of the tenancy rolls within the first 3 years of loan origination.

Loan Amount: $5,500,000 ($179.44/SF)
Rate: 3.90%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.00%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Ground Lease
$7,000,000

Loan Financing – Ground Lease

Lighthouse acted as exclusive advisor to provide financing for a ground leased property in Livermore, CA. Property is leased to Kohl’s with lease expiration co-terminus with the 10-year loan.

Loan Amount: $7,000,000
Rate: 4.25%
Max LTV: 65.0%
Term: 10 years (120 Months)
Interest Only Period: 10 Years (120 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Garden Multifamily
$1,640,000

Loan Financing – Garden Multifamily

Lighthouse acted as exclusive advisor to provide financing for a 22 unit, 3 story multifamily property in Philadelphia, PA.

Deal Complexity: Full leverage financing on a B- Class Multifamily property.

Loan Amount: $1,640,000 ($74,545/unit)
Rate: 4.54%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.20x
Minimum DY: 8.00%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Unanchored Retail
$4,200,000

Loan Financing – Unanchored Retail

Lighthouse acted as exclusive advisor to provide financing for a 16,000 square feet unanchored retail center in Phoenix, AZ.

Loan Amount: $4,200,000 ($262.50/SF)
Rate: 4.83%
Max LTV: 70.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 3 Years (36 Months)
Minimum DSCR: 1.35x
Minimum DY: 9.0%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Anchored Retail
$5,200,000

Loan Financing – Anchored Retail

Lighthouse acted as exclusive advisor to provide financing for a 106,000 SF Kroger-anchored retail center in Koshen, IN.

Deal Complexity: Anchor roll 3 years into loan term.

Loan Amount: $5,200,000 ($49.06/SF)
Rate: 4.79%
Max LTV: 70.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 3 Years (36 Months)
Minimum DSCR: 1.35x
Minimum DY: 9.0%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Suburban Office
$10,935,000

Loan Financing – Suburban Office

Lighthouse acted as exclusive advisor to provide financing for a 123,321 square-foot office property located in Houston, TX.

Deal Complexity: Full leverage financing on a suburban office property with 60% of the tenants rolling in the first 3 years of the loan term.

Loan Amount: $10,935,000 ($88.67/sf)
Rate: 4.25%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Office
$5,000,000

Loan Financing – Office

Lighthouse acted as exclusive advisor to provide financing for a 144,000 square feet office building in Fort Myers, FL. Sponsor acquired a retail center and converted it to office.

Deal Complexity: Cash-out refinance of a property with a previously foreclosed CMBS loan where the REMIC Trust lost money.

Loan Amount: $5,000,000 ($34.72/SF)
Rate: 5.50%
Max LTV: 65.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.40x
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Mixed Use
$1,350,000

Loan Financing – Mixed Use

Lighthouse acted as exclusive advisor to provide financing for a 5,000 square feet mixed use property in Queens, NY.

Deal Complexity: Full leverage financing with cash out proceeds to the borrower.

Loan Amount: $1,350,000 ($270.00/sf)
Rate: 4.35%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.00%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Office – Executive Suites
$11,300,000

Loan Financing – Office – Executive Suites

Lighthouse acted as exclusive advisor to provide financing for an 82,155 square foot executive office suite property located in Ft. Lauderdale, FL.

Deal Complexity: Full leverage financing on an executive office suite property with all leases rolling in the first 3 years of the loan term.

Loan Amount: $11,300,000 ($137.55/sf)
Rate: 5.23%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Anchored Retail
$11,025,000

Loan Financing – Anchored Retail

Lighthouse acted as exclusive advisor to provide financing for a 97,670 square foot grocery anchored retail property in Browntown, MI.

Deal Complexity: Full leverage financing on a retail property with the anchor rolling 2 years into the loan term.

Loan Amount: $11,025,000 ($112.88/sf)
Rate: 5.20%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Mixed Use
$15,750,000

Loan Financing – Mixed Use

Lighthouse acted as exclusive advisor to provide financing for a 36,000 square feet office/retail mixed use building in the Honolulu, HI. The financing retired an A- and B-Notes and involved first mortgage and mezzanine financing.

Deal Complexity: Full leverage 1.05x DSCR financing. Mezzanine loan not locked out from prepayment.

Loan Amount: $15,750,000 ($437.50/SF)
Rate: Multiple
Max LTV: 82.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months) / Interest Only on Mezzanine
Minimum DSCR: 1.05x
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Limited Service Hospitality
$10,000,000

Loan Financing – Limited Service Hospitality

Lighthouse acted as exclusive advisor to provide financing for a 94 room limited service hotel in Albany, GA.

Deal Complexity: Full leverage financing on a limited service hotel property in a tertiary market with over a $3,000,000 Cash Out to the Borrower.

Loan Amount: $10,000,000 ($106,383/key)
Rate: 4.85%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.35x
Minimum DY: 9.50%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Retail Portfolio
$6,000,000

Loan Financing – Retail Portfolio

Lighthouse acted as exclusive advisor to provide financing for a portfolio of 2 retail centers in Georgia totaling 79,600 square feet.

Deal Complexity: Full leverage financing on retail centers in tertiary markets

Loan Amount: $6,000,000 ($75.38/SF)
Rate: 4.70%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.30x
Minimum DY: 8.5%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Suburban Office
$13,650,000

Loan Financing – Suburban Office

Lighthouse acted as exclusive advisor to provide financing for a 112,648 SF, multi-tenant office building in Livonia, MI.

Deal Complexity: Full leverage cash-out refinance

Loan Amount: $13,650,000 ($121.17/SF)
Rate: 4.62%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.35x
Minimum DY: 9.0%
Purpose: Refinance
Non-Recourse: Yes

Loan Financing – Select Service Hospitality
$17,272,000

Loan Financing – Select Service Hospitality

Lighthouse acted as exclusive advisor to provide financing for the acquisition of a 165-key select service hotel in the Gold Coast submarket of Chicago, IL.

Deal Complexity: Fixed rate financing on a flagged hotel that is slated to be converted to a boutique.

Loan Amount: $17,272,000 ($104,679/key)
Rate: 5.75%
Max LTV: 65.0%
Term: 5 years (60 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 2 Years (24 Months)
Minimum DSCR: 1.35x
Purpose: Acquisition and Conversion
Non-Recourse: Yes

Loan Financing – Student Housing Portfolio
$10,750,000

Loan Financing – Student Housing Portfolio

Lighthouse acted as exclusive advisor to provide financing for a 2 property student-housing portfolio located in Stillwater, Oklahoma. The student-housing portfolio consists of 114 units and was 99% occupied. Each unit features bedrooms with telephone jacks, cable TV and internet connections, washer/dryer, and ceiling fans in select bedrooms and select living rooms. Additional amenities include a swimming pool, sand volleyball court, basketball court and gated entrances.

Deal Complexity: Older vintage student-housing portfolio located approximately 1-mile from the Oklahoma State University.

Loan Amount: $10,750,000 ($94,298/unit)
Rate: 3.96%
Max LTV: 75.0%
Term: 10 years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.0%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Mixed Use
$9,410,000

Loan Financing – Mixed Use

Lighthouse acted as exclusive advisor to provide financing for a 2 property portfolio located in West Monroe, LA. The Shopping Center is a 101,396 sf Grocer Shadow Anchored retail center occupied by 16 tenants with 86% occupancy. Major tenants include Dollar Tree, Burke’s Outlet, Stage and Goodwill. The property is shadow anchored by a Brookshire’s Grocer. The self-storage property is a 489 unit (65,627sf) storage facility located next to the Shopping Center.

Deal Complexity: Full leverage financing on a property with over 80% of the retail space rolling in the next 3 years.

Loan Amount: $9,410,000 ($57/SF)
Rate: 4.75%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.20x
Minimum DY: 8.5%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Data Center
$50,000,000

Loan Financing – Data Center

Lighthouse acted as exclusive advisor to provide financing for a 296,241 SF, 71.0% occupied, data center located in Minneapolis, MN. The property was in built 1982 and expanded in 2001. The property is home to several major telecommunications and managed service providers, including Cologix, Zayo, Level 3 Communications, Sungard, Verizon, and Integra.

Deal Complexity: $33 million cash-out on an esoteric asset type with above-market rents, loan amount well above cost basis.

Loan Amount: $50,000,000 ($169/SF)
Rate: 3.60%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.25x
Minimum DY: 9.0%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail
$5,800,000

Loan Financing – Retail

Lighthouse acted as exclusive advisor to provide financing for a 42,720 SF, class A shadow-anchored strip retail center located in Douglasville, Georgia. It was built in 1999 and is situated on a 6.86-acre tract. The center is 100.0% leased with tenants that include H&R Block, Dollar Tree and MetroPCS.

Deal Complexity: Full leverage financing on a retail center in a tertiary market.

Loan Amount: $5,800,000 ($136/SF)
Rate: 4.70%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail
$8,900,000

Loan Financing – Retail

Lighthouse acted as exclusive advisor to provide financing for a 140,576 square foot retail property located in Houston. The Property is anchored by Dollar General, Penny Wise Resale Center and Aaron Rentals. The Property was constructed in 1979, renovated in 2008 and is currently is 95.0% leased. The borrower is a Delaware Statutory Trust (DST) with an unlimited amount of DST investors allowed.

Deal Complexity: The borrower is a Delaware Statutory Trust (DST) with an unlimited amount of DST investors allowed.

Loan Amount: $8,900,000 ($63.31/SF)
Rate: 5.24%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Self-Storage
$9,500,000

Loan Financing – Self-Storage

Lighthouse acted as exclusive advisor to provide financing for a two property, self-storage portfolio located in Dallas, Texas. The properties were built in 2002, and consists of a combined total of 1,291 self-storage units, of which 84 are climate-controlled, and additionally, there are 41 non-enclosed units utilized for boats, automobiles and RV’s.

Loan Amount: $9,500,000 ($7,359/Unit)
Rate: 4.81%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Self-Storage
$15,000,000

Loan Financing – Self-Storage

Lighthouse acted as exclusive advisor to provide financing for a four property, self-storage portfolio located in Madisonville, Slidell, Ponchatoula, and Saint Louis, Louisiana. The properties were built in 2006 and 2007, and consists of a combined total of 1,627 climate controlled units and 78 covered RV parking spaces.

Deal Complexity: Full leverage financing on a self-storage portfolio with an occupancy of 80.0%.

Loan Amount: $15,000,000 ($9,219/Unit)
Rate: 5.0%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Multifamily
$7,150,000

Loan Financing – Multifamily

Lighthouse acted as exclusive advisor to provide financing for a multifamily property in East Orange, NJ. The property is a four-story, 42 unit mid-rise multifamily complex with a net rentable building area of 35,306 square feet. The property has a mix of one and two-bedroom units and offers amenities such as high-end interior finishes and washer/dryer combination in each unit. There are also 32 on-site parking spaces.

Deal Complexity: Full leverage financing on multifamily property with one month of operating history.

Loan Amount: $7,150,000 ($170,238/Unit)
Rate: 4.90%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 3 Years (36 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.00%
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Multifamily
$6,600,000

Loan Financing – Multifamily

Lighthouse acted as exclusive advisor to provide financing for a garden-style, student housing property in Starkville, Mississippi. The property consists of 102 residential units with a net rentable building area of 168,300 square feet. Property amenities include: appliances furnished, full size washer and dryer, telephone and television hookups in all rooms, hardwood floors, patio and balcony. Select units have fireplaces and ceiling fans.

Deal Complexity: Full leverage financing on a student housing property in tertiary market.

Loan Amount: $6,600,000 ($64,706/Unit)
Rate: 5.10%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.00%
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Hospitality Property
$25,125,000

Loan Financing – Hospitality Property

Lighthouse acted as exclusive advisor to provide financing for a limited-service, Hilton Garden located in Lake Oswego, Oregon. The property contains a total of 179 guest rooms (108 Single King rooms, 50 Queen/Queen rooms and 21 ADA rooms) and was opened in 2000. The property amenities include restaurant, lounge, indoor pool, fitness center, sundry shop, guest laundry facilities, and approximately 1,224 square feet of meeting space.

Deal Complexity: Full leverage financing on a limited-service hotel.

Loan Amount: $24,125,000 ($134,777/Room)
Rate: 5.46%
Maximum Loan to Value: 70.0%
Term: 5 Years (60 Months)
Amortization: 25 Years (300 Months)
Interest Only Period: 2 Years (24 Months)
Minimum DSCR: 1.25x
Minimum DY: 9.50%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Office/Industrial
$8,775,000

Loan Financing – Office/Industrial

Lighthouse acted as exclusive advisor to provide financing for two suburban flex buildings containing 85,463 square feet at Whitemarsh Township, Pennsylvania. The properties consist of 50,075 SF of office space and 35,388 SF of warehouse space. The properties were constructed in 1991 and is 100% occupied with 12 tenants.

Deal Complexity: Industrial property with non-traditional office/retail tenancy.

Loan Amount: $8,775,000 ($5,749/Unit)
Rate: 4.81%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Self-Storage
$5,100,000

Loan Financing – Self-Storage

Lighthouse acted as exclusive advisor to provide financing for a three property, self-storage portfolio located in Alpharetta, Acworth, and Buford, Georgia. The properties were built in 1988, 1996 and 1998, and consists of a total of 887 units. Project amenities include surveillance cameras, individual alarms, individual locks, keypad entry and on site management. The each property also has an office and apartment for resident managers.

Deal Complexity: Full leverage financing on self-storage properties in tertiary market.

Loan Amount: $5,100,000 ($5,749/Unit)
Rate: 5.06%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail
$8,000,000

Loan Financing – Retail

Lighthouse acted as exclusive advisor to provide financing for a 68,492 SF retail facility located in Fort Worth, Texas. The property includes three strip center buildings that are anchored by Albertsons grocery store, of which, two of them are attached Albertsons. The development was built in 1989 and is 81.0% occupied by 21 tenants. Tenants at the property include Family Dollar, H&R Block, Starbucks and Subway.

Deal Complexity: Anchor tenant roll within first 2 years of loan closing.

Loan Amount: $8,000,000 ($116.80/SF)
Rate: 4.80%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Minimum DY: 8.50%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Self-Storage
$13,650,000

Loan Financing – Self-Storage

Lighthouse acted as exclusive advisor to provide financing for a three property, self-storage portfolio located in Mandeville, Covington, and Hammond Louisiana. The properties were built in 2003, 2004 and 2005. The portfolio contains 1,202 climate controlled units, 20 enclosed RV spaces, and 154 covered RV spaces.

Deal Complexity: Full leverage financing on a self-storage portfolio with 80% occupancy.

Loan Amount: $13,650,000 ($11,356/Unit)
Rate: 4.60%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property
$13,650,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a Burlington Coat Factory anchored retail property in Springfield, Illinois. The retail property was constructed in 1961 containing 259,592 square feet. The property is 87% occupied by 20 tenants. Major tenants at the property included Burlington Coat Factory, Illinois Board of Elections and St. John’s Hospital.

Deal Complexity: Full leverage financing on a property in a secondary market. 55% of tenant leases expire during the next 5 years.

Loan Amount: $13,650,000 ($52.58/SF)
Rate: 4.657%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 2 Years (24 Months)
Minimum DSCR: 1.20x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Hospitality Property
$6,300,000

Loan Financing – Hospitality Property

Lighthouse acted as exclusive advisor to provide financing for a Hampton Inn located in Henderson, North Carolina. The property contains a total of 75 guest rooms (33 Single King rooms, 37 Queen/Queen rooms and 5 One-Bedroom Suite) and was built in 1999. The property amenities include breakfast dining area, outdoor swimming pool, fitness room, business center and vending areas.

Loan Amount: $6,300,000 ($84,000/Room)
Rate: 5.04%
Maximum Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property
$5,600,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a retail property in Chester Springs, Pennsylvania. The retail property is a 100% occupied, 17,524 square foot unanchored retail center leased to 3 tenants. The tenants at the property include: CVS, Tea Room, and Bella Salon.

Loan Amount: $5,600,000 ($31.56/SF)
Rate: 4.84%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 2 Years (24 Months)
Minimum DSCR: 1.25x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Office Property
$12,600,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for a portfolio containing four Class B buildings located in Ann Arbor, Bloomfield Hills and Bingham Farms, MI. The portfolio consists of 131,608 square feet and is occupied by over 30 tenants. Top three tenants at the properties include: Acme, Pillar Capital and Medical Center Pediatrics.

Deal Complexity: Full leverage financing on three office properties in Michigan.

Loan Amount: $12,600,000 ($69,355/Room)
Rate: 4.73%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property
$2,600,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a retail property in Los Angeles, California. The retail property is 100% occupied, 22,718 square foot unanchored retail center leased to 3 local tenants. The tenants at the property include: EXP Elite Performance, Bigoudi International Salon and Santa Monica Cyclery.

Loan Amount: $2,600,000 ($95.74/SF)
Rate: 4.88%
Maximum Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Office Property
$25,800,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for an office property in Bakersfield, CA. The borrowing entity is a Tenant In Common (TIC) structure with 15 TIC Borrowers. The property is an 85% occupied, 196,641 square foot, multi-tenant office building, on a 5.5 acre parcel. The subject property consists of two, 5 and 7-story office buildings along with an adjacent 2-level parking structure. The improvements were constructed in 1987 and 1989. Major tenants at the property include: Managed Care Systems, Brinderson, GSA (FBI Office), National Mentor Healthcare and Department of General Services. The California Avenue corridor, where the subject is located, is considered to be the financial center of Bakersfield and the dominant office submarket. The City of Bakersfield is located approximately 115 miles north of LA and 300 miles south of San Francisco. Bakersfield is the financial, retail, administrative, and government center of Kern County and the southern San Joaquin Valley of California.

Deal Complexity: Full leverage financing on office property with 85% occupancy. The borrowing entity consisted of 15 TIC Borrowers. High loan PSF for the market.

Loan Amount: $25,800,000 ($131/SF)
Rate: 4.80%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum LTV: 75.0%
Purpose: Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property Portfolio
$9,200,000

Loan Financing – Retail Property Portfolio

Lighthouse acted as exclusive advisor to provide financing for a three property retail portfolio located in Tulsa, Oklahoma and Glendale, Arizona. The portfolio was 73% occupied, 142,303 square foot unanchored retail centers leased to 21 tenants. Major tenants included Hobby Lobby, JL Pain Management and Gellco Clothing and Shoes.

Deal Complexity: Full leverage financing on an unanchored retail portfolio with 73% occupancy and one property at 54% occupancy

Loan Amount: $9,200,000 ($65/SF)
Rate: 4.49%
Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Purpose: Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property
$3,600,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a retail property in Tulsa, Oklahoma. The retail property was 80% occupied, 39,988 square foot unanchored retail center leased to 11 local tenants. Major tenants at the property included Chimi’s Restaurant, Acrobatant and Jason’s Deli.

Deal Complexity: Full leverage financing on an unanchored retail center with 80% occupancy and 42% of the tenants rolling within 15 months after loan closing

Loan Amount: $3,600,000 ($90/SF)
Rate: 4.29%
Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Hospitality Property
$4,900,000

Loan Financing – Hospitality Property

Lighthouse acted as exclusive advisor to provide financing for a Candlewood Suites located in Syracuse, NY. The property contains a total of 92 guest rooms (74 Queen Studio rooms, 12 One-Bedroom suites and 6 Two-Bedroom suites) and was built in 1998. Each guestroom features a full kitchen, desk area, and flat panel TV. The property amenities include a fitness room, guest laundry, and self-service market.

Deal Complexity: Full leverage financing with declining occupancy and operating history

Loan Amount: $4,900,000 ($53,261/Room)
Rate: 4.45%
Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.30x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Hospitality Property
$25,500,000

Loan Financing – Hospitality Property

Lighthouse acted as exclusive advisor to provide financing for the DoubleTree by Hilton Beach Resort in North Redington Beach, Florida. The property is a full service beach front resort and contains a total of 125 guest rooms (64 King rooms, 60 Queen-Queen rooms and 1 Suite). Property amenities include a central lobby, waterfront restaurant, waterfront lobby lounge, outdoor dining and the “Tiki Bar”, located on a 10,000 square foot Gulf front deck on three different levels. The hotel also offers four meeting rooms and an outdoor heated Gulf front swimming pool.

Loan Amount: $25,500,000 ($204,000/Room)
Rate: 4.39%
Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.30x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Hospitality Property
$4,300,000

Loan Financing – Hospitality Property

Lighthouse acted as exclusive advisor to provide financing for a Hampton Inn & Suites located in Madison, Georgia. The property contains a total of 62 guest rooms (25 Single King rooms, 33 Double-Double rooms and 4 ADA rooms) and was built in 1997. The property amenities include complimentary breakfast, fitness center, outdoor pool and a business center.

Loan Amount: $4,300,000 ($69,355/Room)
Rate: 4.50%
Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.30x
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Mixed Use Portfolio
$5,000,000

Loan Financing – Mixed Use Portfolio

Lighthouse acted as exclusive advisor to provide financing for a retail property and multifamily property in Savannah and Richmond Hill, Georgia. The retail property was 90% occupied, 45,892 square foot unanchored retail center leased to 34 local tenants. The multifamily property was a 100% occupied, 26 unit apartment complex.

Loan Amount: $5,000,000 ($83/SF)
Rate: 4.35%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum LTV: 75.0%
Purpose: Cash Out and Refinancing of Existing Debt
Non-Recourse: Yes

Loan Financing – Multifamily Property
$4,100,000

Loan Financing – Multifamily Property

Lighthouse acted as exclusive advisor to provide financing for a multifamily property in East Orange, NJ. The property is a five-story, 26 unit mid-rise multifamily complex with a net rentable building area of 27,428 square feet. Property amenities include: fitness center, community room, theater room and storage space.

Deal Complexity: Full leverage financing with just 1 month of operating history

Loan Amount: $4,100,000 ($158,000/Unit)
Rate: 4.45%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 3 Years (24 Months)
Minimum DSCR: 1.20x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property
$9,500,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for an anchored retail property in Baton Rouge, LA. The 78,358 square foot property was 100.0% occupied by 15 tenants. The major tenants at the property are Barnes and Nobles, Jason’s Deli, Corporate Brewhouse and The Cove. The Property is located within the southwest quadrant of Corporate Boulevard and Citiplace Drive, directly north of Interstate Highway 10. The Property is located in East Baton Rouge Parish, within the greater Baton Rouge MSA. This location is in the central section of Baton Rouge, approximately 3.7 miles east of Downtown Baton Rouge. Other significant surrounding municipalities include Plaquemine to the south, Denham Springs and Hammond to the east and Opelousas and Lafayette to the west.

Deal Complexity: Anchor tenant, Barnes & Noble, lease rolls 18 months from loan closing

Loan Amount: $9,500,000 ($121/SF)
Rate: 4.680%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Office Property
$1,400,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for a suburban office property in Glen Falls, NY. The 49,897 square foot property was 80.0% occupied by 14 tenants. The major tenants at the property are UBS Paine Webber, Kadant Inc. and New York State. The property was built in 1935 and extensively remodeled in 1985.

Loan Amount: $1,400,000 ($28/SF)
Rate: 4.460%
Term: 10 Years (120 Months)
Amortization: 25 Years (360 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Hospitality Property
$6,400,000

Loan Financing – Hospitality Property

Lighthouse acted as exclusive advisor to provide financing for a Hampton Inn & Suites located in Lincoln, Nebraska. The property contains a total of 76 rooms (23 Single King rooms, 47 Double Double rooms, 2 Studio King rooms and 4 ADA rooms) and was built in 2000. The property offers an indoor pool and whirlpool, fitness center, business center, complimentary breakfast and free parking. Each of the guestrooms features flatscreen television with premium channels, telephone, desk with chair, dresser, nightstands, lamps, and lounge chair. The subject property is located along the northern side of Vandervoort Drive, north of Old Cheney Road and east of South 59th Street in southeast Lincoln.

Loan Amount: $6,400,000 ($84,210/Room)
Rate: 4.700%
Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.30x
Purpose: Refinance of Existing Debt

Loan Financing – Multifamily Property
$12,000,000

Loan Financing – Multifamily Property

Lighthouse acted as exclusive advisor to provide financing for a multifamily property in East Orange, NJ. The property is a four-story, 65 unit mid-rise multifamily complex with a net rentable building area of 68,841 square feet. Property amenities include: fitness center, community room, theater room and storage space.

Deal Complexity: Full leverage financing with just 1 month of operating history

Loan Amount: $12,000,000 ($185,000/Unit)
Rate: 4.45%
Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 2 Years (24 Months)
Minimum DSCR: 1.20x
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Multifamily Property
$4,200,000

Loan Financing – Multifamily Property

Lighthouse acted as exclusive advisor to provide financing for a multifamily property in Shepherdsville, KY. The property is an 82 unit garden style multifamily complex situated in 16 two story buildings.

Loan Amount: $4,200,000 ($51,000/Unit)
Rate: 4.79%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Office Property
$5,000,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for a single tenant office property in Liberty Corner, NJ. The 31,441 square foot property was 100.0% owner occupied by a private insurance company.

Loan Amount: $5,000,000 ($159/SF)
Rate: 4.63%
Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Office Property
$59,000,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for a 468,374 square feet office property in Richland, WA. The property consists of six office buildings and a small 2,040-square foot warehouse located in the Tri-Cities Research District in northern Richland, just south of the Department of Energy’s Hanford Nuclear Reservation. The property is 100% occupied by 8 tenants.

Deal Complexity: 75% LTV first mortgage financing on office property in a tertiary market.

Loan Amount: $59,000,000 ($126/SF)
Rate: 4.640%
Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property
$7,750,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a retail property in Lee’s Summit, MO. The 59,451 square foot property was 86.0% occupied by 17 tenants. The major tenants at the property are Cactus Grill, Waldo Pizza and Fortuna Wok. The property is located within the City of Lee’s Summit, which is primarily within Jackson and Cass County. Lee’s Summit is 16 miles southeast of downtown Kansas City, and is one of the fastest growing communities in the state. The city is served by two interstates (I-470 and I-70) and two federal highways (U.S. 50 and U. S. 71). Lee’s Summit is accessible to regional and national markets. Downtown Lee’s Summit has a unique variety of over 40 specialty retail shops plus several options for casual dining and entertainment.

Loan Amount: $7,750, 000 ($130/SF)
Rate: 4.750%
Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 1 Year (12 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property
$3,075,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a grocery shadow-anchored retail property in Lexington, KY. The 37,468 square foot property was 92.0% occupied by 24 tenants and included 6,140sf of office suites which are leased on a month to month basis. The major tenants at the property include Wildcat Fitness, Shamrock’s Bar and Grill and Jazzercise Fitness Center.

Loan Amount: $3,075,000 ($82/SF)
Rate: 4.88%
Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Office Property
$47,400,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for an office property in Tampa, FL. The borrowing entity is a Tenant In Common (TIC) structure with 34 TIC Borrowers. The property is an 84% occupied, 911,495 square foot, two-story multi-tenant office building and a 17,568 square foot outparcel building, on a 97.56 acre parcel. The Property includes a full-service cafeteria and conference facilities, a fitness club, a bus transit hub and on-site child daycare as well as on-site management. The Property is built to a very high construction standard with over-improved systems, including redundant power and its multiple data, cable and phone providers. The original buildings were built as an enclosed retail mall in 1976 and completely retrofit in 1998. The Property is very well located in relation to three nearby interstate highways, and is at the intersection of two major arterial roads with direct ramp access to these highways. Ingress and egress is very convenient, with four entry points to the large parking field surrounding the building. Parking is very ample, also, at a ratio of over 5 spaces per 1,000 square feet. Property amenities include a dining facility, a fitness center, a conference center, a child day care facility, an auditorium, 24/7 on-site security, a bus transfer station, a card access system, a bank ATM, and on-site management.

Deal Complexity: First syndicated TIC transaction since 2008 with over 30 TIC borrowers. Largest tenant, Corinthian College, undergoing reorganization at loan closing.

Loan Amount: $47,400,000 ($52/SF)
Rate: 4.910%
Loan to Value: 58.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 5 Years (60 Months)
Minimum DSCR: 1.30x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes
Borrowing Entity: Tenant In Common (TIC) Structure with 34 TIC Borrowers

Loan Financing – Special Use Property
$16,825,000

Loan Financing – Special Use Property

Lighthouse acted as exclusive advisor to provide financing for five special use properties in MI and IL. The subject properties are being operated as business centers with 100% MTM/Short-term leases.

Loan Amount: $16,825,000 ($220/SF)
Rate: 4.995%
Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.40x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt

Loan Financing – Office Property
$4,300,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for an office property in Houston, TX. The borrowing entity is a Tenant In Common (TIC) structure with 9 TIC borrowers. The property is a 92% occupied, 78,289 square foot suburban office property on a 1.33 acre site. The property contains a three-story parking garage and also includes surface parking at the front of the building. The property is located in a well-established area of Houston, with commercial and residential properties in the local area.

Loan Amount: $4,300,000 ($55/SF)
Rate: 4.660%
Loan to Value: 55.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 2 Years (24 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes
Borrowing Entity: Tenant In Common (TIC) structure with 9 TIC Borrowers.

 

Construction Financing – Multi Property
$5,450,000

Construction Financing – Multi Property

Lighthouse acted as exclusive advisor to provide financing for a construction project in East Orange (Essex County), NJ. The property is currently a .78 acre site with two vacant, 4-story buildings. The subject had previously been used as an office building. Upon completion, the property will be a 42 Unit, 4 story multifamily property with over 75 on-site parking spaces, high-end finishes and 3,000 square feet of amenity space.

Lighthouse negotiated favorable loan terms with a low interest rate at 250bps over the 1-Month Libor Rate which equated to a 2.64% interest rate, 70% loan to cost and interest only for the entire term of the loan. 100% of hard construction costs were financed by the Lender. The loan is also structured with an option to convert to a 5 year fixed rate loan upon stabilization of the property.

Rate: 2.64% (Priced at 250bps over 1-Month Libor)
Loan to Total Cost: 70.0% (100% of hard construction costs)
Term: 18 Months (One – 6 month option to extend)
Amortization: Interest Only
Purpose: Ground Up Construction
Loan Prepayment Penalty: No prepayment penalty
Other: The loan is structured with an option to convert to a 5 year fixed rate loan upon stabilization of the property

Loan Financing – Multifamily Property
$10,250,000

Loan Financing – Multifamily Property

Lighthouse acted as exclusive advisor to provide financing for a multifamily property in Upland, CA. The property is a two-story, 144 unit garden style multifamily complex with a net rentable building area of 90,863 square feet and 89% leased. Property amenities include: gated access entry, pool and spa, laundry rooms and community / fitness center.

Loan Amount: $10,250,000 ($71,181/Unit)
Rate: 4.590%
Loan to Value: 65.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Interest Only Period: 3 Years (36 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Hospitality Property
$6,500,000

Loan Financing – Hospitality Property

Lighthouse acted as exclusive advisor to provide financing for a Marriott Fairfield Inn & Suites located in South Boston, Virginia. The property contains a total of 85 rooms (60 rooms and 25 suites) and was built in 2009. The site area is 5.62 acres and the hotel is approximately 57,305 square feet. Hotel amenities include complimentary breakfast, free wireless Internet access, a full-service business center, 32’’flat-screen TVs, plush bedding, in-room appliances, exercise room, indoor swimming pool, whirlpool spa and free parking. The property is ideally situated near popular local attractions like South Boston Speedway, The Prizery and Green’s Folly Golf Course.

Loan Amount: $6,500,000 ($76,471/Room)
Rate: 5.000%
Loan to Value: 70.0%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.35x
Maximum Loan to Value: 70%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Office Property
14,386,500

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for a Class A office property in Palm Desert, CA. The 70,803 square foot property was 82.0% occupied by 11 tenants. Tenants at the property include Morgan Stanley Smith Barney, Wells Fargo and RBC Capital Markets. The loan was structured with a master lease to mitigate near-term roll.

Loan Amount: $14,386,500 ($203/SF)
Rate: 5.015%
Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Office Property
7,250,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for an office property in Livonia, MI. The 74,209 square foot property was 95.2% occupied by 17 tenants. The property is located off I-275 at the Six Mile Rd. exit in Livonia, MI, providing north/south access to Detroit’s western suburbs, as well as the Detroit Metropolitan Airport.

Loan Amount: $7,250,000 ($98/SF)
Rate: 5.200%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum Loan to Value: 75.0%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Retail Property
2,500,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a retail property in Los Angeles, CA. The 16,786 square foot property was 85.7% occupied by 7 tenants. The property is located at the corner of South Sepulveda Boulevard and Pico Boulevard in Los Angeles, CA, approximately 13 miles west of downtown LA.

Loan Amount: $2,500,000 ($149/SF)
Rate: 4.600%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.30x
Maximum Loan to Value: 75%
Purpose: Refinance of Existing Debt

Loan Financing – Retail Property
$7,500,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a retail property in Brookfield, WI. The 55,514 square foot property was 84.2% occupied. The one million square foot Brookfield Square Mall is located just over one mile to the southeast of the property. Brookfield is a western suburb of Milwaukee metropolitan area, with Waukesha County immediately adjacent to Milwaukee County.

Loan Amount: $7,500,000 ($135/SF)
Rate: 5.108%
Loan to Value: 68.8%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.30x
Maximum LTV: 75%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Multifamily Property
$3,800,000

Loan Financing – Multifamily Property

Lighthouse acted as exclusive advisor to provide financing for a multifamily property in Houston, TX. The 154 unit property was 98.0% occupied. The property is improved with a 154-unit garden-style, Class B apartment complex that was built in 1961 and renovated in 2003. The average unit size is 679 square feet. The complex consists of 15 two-story buildings.

Loan Amount: $3,800,000 ($24,675/Unit)
Rate: 5.430%
Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.30x
Maximum Loan to Value: 75%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Multifamily Property
$16,500,000

Loan Financing – Multifamily Property

Lighthouse acted as exclusive advisor to provide financing for a multifamily property in Baton Rouge, LA. The 420 unit property was 98.0% occupied. The property is located in close proximity to Louisiana State University (LSU) and is located on the university bus line. Amenities at the property include a pool, tennis courts and a clubhouse.

Loan Amount: $16,500,000 ($39,286/Unit)
Rate: 5.330%
Loan to Value: 73.3%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.25x
Maximum LTV: 75%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Special Use Property
$6,150,000

Loan Financing – Special Use Property

Lighthouse acted as the advisor to provide financing for two special use properties in MI and OH. The subject properties are being operated as business centers with 100% MTM/Short-term leases.

Loan Amount: $6,150,000 ($144/sf)
Rate: 5.295%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
DSCR: 1.40x
LTV: 70%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

CMBS Securitization (October 2013)
$211,900,000

CMBS Securitization (October 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $211.9 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

CMBS Securitization (October 2013)
$106,400,000

CMBS Securitization (October 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $106.4 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

CMBS Securitization Due Diligence (October 2013)
$554,000,000

CMBS Securitization Due Diligence (October 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self -storage, industrial and multifamily loans with an outstanding principal balance of $554.0 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Warehouse Lending Due Diligence (October 2013)
$164,700,000

Warehouse Lending Due Diligence (October 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $164.7 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Loan Financing – Multifamily Property
$7,715,000

Loan Financing – Multifamily Property

Lighthouse acted as exclusive advisor to provide financing for a multifamily property in Lexington, KY. The 202 unit property was 92.3% occupied. The property contains 88, one bedroom units, 94 two bedroom units and 20 three bedroom units. Additional improvements include a management/leasing office, swimming pool and laundry facility.

Loan Amount: $7,715,000 ($38,193/Unit)
Rate: 5.260%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.35x
Maximum LTV: 75%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

CMBS Securitization (August 2013)
$462,000,000

CMBS Securitization (August 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $462.0 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

CMBS Securitization (August 2013)
$86,400,000

CMBS Securitization (August 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $86.4 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

Warehouse Lending Due Diligence (August 2013)
$412,100,000

Warehouse Lending Due Diligence (August 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $412.1 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Warehouse Lending Due Diligence (August 2013)
$258,175,000

Warehouse Lending Due Diligence (August 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $258.2 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Loan Financing – Anchored Retail Property
$8,700,000

Loan Financing – Anchored Retail Property

Lighthouse acted as exclusive advisor to provide financing for an anchored retail property in Hickory, NC.

Loan Amount: $8,700,000
Rate: 5.210%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.40x
Maximum LTV: 75%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Self Storage Property
$5,370,000

Loan Financing – Self Storage Property

Lighthouse acted as exclusive advisor to provide financing for a self storage property in Albuquerque, NM.

Loan Amount: $5,370,000
Rate: 5.530%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.40x
Maximum LTV: 75%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

CMBS Securitization Partner Due Diligence (July 2013)
$600,000,000

CMBS Securitization Partner Due Diligence (July 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self -storage, industrial and multifamily loans with an outstanding principal balance of $600.0 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Warehouse Lending Due Diligence (July 2013)
$206,746,000

Warehouse Lending Due Diligence (July 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $206.7 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Loan Financing – Retail Property
$2,300,000

Loan Financing – Retail Property

Lighthouse acted as exclusive advisor to provide financing for a shadow anchored retail center in Chandler, AZ. The 18,219 square foot property was 94.4% occupied to 14 tenants. The property is shadow anchored by an Albertson’s Grocer. The Property is situated within two retail buildings located at either end of the space, shadow anchored by Albertson’s Grocery Store.

Loan Amount: $2,300,000 ($126/Sf)
Rate: 5.350%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Minimum DSCR: 1.35x
Maximum LTV: 75%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

Loan Financing – Self Storage Property
$2,500,000

Loan Financing – Self Storage Property

Lighthouse acted as exclusive advisor to provide financing for two self storage properties in McAllen & Pharr, TX. The 757 unit property was 86.0% occupied.

Loan Amount: $2,500,000 ($3,303/Unit)
Rate: 5.501%
Term: 10 Years (120 Months)
Amortization: 25 Years (300 Months)
Minimum DSCR: 1.40x
Maximum LTV: 75%
Purpose: Refinance of Existing Debt
Non-Recourse: Yes

CMBS Securitization (June 2013)
$441,800,000

CMBS Securitization (June 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $441.8 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

CMBS Securitization (June 2013)
$155,000,000

CMBS Securitization (June 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $155.0 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

CMBS Securitization Partner Due Diligence (June 2013)
$1,223,000,000

CMBS Securitization Partner Due Diligence (June 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self -storage, industrial and multifamily loans with an outstanding principal balance of $1.2 Billion. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

CMBS Securitization Partner Due Diligence (June 2013)
$360,000,000

CMBS Securitization Partner Due Diligence (June 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self -storage, industrial and multifamily loans with an outstanding principal balance of $360.0 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Warehouse Lending Due Diligence (June 2013)
$196,230,000

Warehouse Lending Due Diligence (June 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $196.2 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Loan Financing – Office Property
$4,100,000

Loan Financing – Office Property

Lighthouse acted as exclusive advisor to provide financing for a multi-tenant office property in Manhattan Beach, CA. The 8,399 square foot property was 100% occupied by 14 tenants. The property is located along the Pacific Coast Highway with unobstructed beach, ocean and Manhattan Beach Pier visibility.

Loan Amount: $4,100,000 ($488/Sf)
Rate: 4.501%
Loan to Value: 75.0%
Term: 10 Years (120 Months)
Amortization: 30 Years (360 Months)
Purpose: Refinance of Existing Debt
Non Recourse: Yes

CMBS Securitization Partner Due Diligence (May 2013)
$477,200,000

CMBS Securitization Partner Due Diligence (May 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self -storage, industrial and multifamily loans with an outstanding principal balance of $477.2 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Warehouse Lending Due Diligence (May 2013)
$101,000,000

Warehouse Lending Due Diligence (May 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $101.0 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

CMBS Securitization (April 2013)
$1,300,000,000

CMBS Securitization (April 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $1.3 Billion fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

CMBS Securitization (April 2013)
$73,800,000

CMBS Securitization (April 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $73.8 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

CMBS Securitization Partner Due Diligence (April 2013)
$370,000,000

CMBS Securitization Partner Due Diligence (April 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self -storage, industrial and multifamily loans with an outstanding principal balance of $370.0 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Warehouse Lending Due Diligence (April 2013)
$74,800,000

Warehouse Lending Due Diligence (April 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $74.8 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Warehouse Lending Due Diligence (March 2013)
$168,800,000

Warehouse Lending Due Diligence (March 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $168.0 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.

Defeasance Consulting (March 2013)
$6,300,000

Defeasance Consulting (March 2013)

Lighthouse acted as the advisor on the defeasance of a securitized commercial mortgage loan, secured by a retail center in Gibbstown, New Jersey.

CMBS Securitization (February 2013)
$514,304,000

CMBS Securitization (February 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $514.3 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

CMBS Securitization (February 2013)
$60,700,000

CMBS Securitization (February 2013)

Lighthouse provided CMBS transaction support for an investments bank on a $60.7 Million fixed rate offering. Lighthouse analyzed property financials and loan documents to create the deal data-tape and drafted collateral term sheets used for investor and rating agency presentations. Lighthouse reviewed offering documents with lawyers and accountants.

Warehouse Lending Due Diligence (February 2013)
$405,508,000

Warehouse Lending Due Diligence (February 2013)

Lighthouse performed loan due diligence services on a portfolio of retail, office, self- storage, industrial and multifamily loans with an outstanding principal balance of $405.5 Million. Services included cash flow underwriting and the detailed analysis of asset summary reports, third party reports, loan documents and sponsor information.