Tag: Originates

1101 King Street, Alexandria, Va LOS ANGELES – March 13, 2024 – PRLog — Mesa West Capital has provided American Real Estate Partners (AREP) with a $26.1 million mezzanine loan to facilitate the conversion of a 200,000-square-foot office building into a 199-unit multifamily community in Old Town Alexandria, VA, a thriving historic community less than eight miles south ofWashington, DC. The five-year interest-only mezzanine loan was originated by investment funds managed by Mesa West Capital, a debt investment manager offering owners and investors a wide variety of financial solutions throughout the capital stack to help navigate today’s challenging economic environment. ... Read more

The Edition On Oberlin, Formerly Trilogy Cameron V LOS ANGELES – Dec. 6, 2021 – PRLog — Mesa West Capital has provided a joint venture between The Preiss Company (TPCO) and an institutional equity partner with $97.7 million in first mortgage debt to finance two separate multifamily acquisitions in Raleigh, NC.  The origination team was led by Mesa West Capital’s Brian Hirsh in the firm’s Chicago office, and Russell Frahm and Pamir Niaz in the firm’s New York office. The two individual non-crossed, five-year, floating-rate loans are secured by The Edition on Oberlin (formerly known as Trilogy Cameron Village) and ... Read more