$2,900,000 First Mortgage

The borrower sought to refinance 64 units University Park Apartments in Westville, IN. Cerco's understanding of the market allowed it to see substantial merit in the asset and provided timely bridge financing.

$2,500,000 First Mortgage

The Borrower sought timely financing to effectuate the acquisition of a multifamily property pursuant to a 1031 exchange. Cerco was able to accommodate an extremely tight timeline, closing the deal in 5 business days.

$20,000,000 First Mortgage

The Borrower sought financing to complete the repositioning of a 25-story, 380k SF building from office use to a 177-key Aloft hotel and 88 multifamily tower sitting atop a base containing 227 parking spots. Cerco structured a multi-tranche loan in furtherance of Borrower´s objectives.

$8,000,000 First Mortgage

The Borrower sought to refinance maturing CMBS debt despite substantial litigation risk created by a failed sale of the property. Cerco leveraged its ability to understand the intricacies of the its contemplated exposure and expediently closed the transaction.

$16,250,000 First Mortgage

The Borrower sought to refinance legacy CMBS debt that had matured at a point when the property suffered a casualty, destroying approximately half of its improvements. Cerco´s understanding of the market allowed it to see substantial upside in the property, paving the way for an efficient closing and an exit for its client out of special servicing.