The published transaction
Senior loan for a 538,000 SF office and retail property in Pittsburgh.
The published record describes an acquisition loan for 538,000 square feet of office and retail space at 1001 Liberty Avenue. Traded names H Equities and 141 Capital Group as the lenders. The reported amount is the transaction loan; the record does not separately disclose each lender’s contribution.
Questions for a similar opportunity
The following are general diligence questions for this structure. They are not a claim about the confidential underwriting, challenges or outcomes of this transaction.
- Tenant concentration and the schedule of lease expirations.
- Tenant improvements, leasing commissions and the lease-up budget.
- Debt carry during vacancy and the permanent financing or sale exit.
Bring us your situation
Send the property, requested capital, existing financing, sponsor experience and timing. A past transaction illustrates a capital structure; current terms and availability depend on a new review.