Melvin Mark Capital Group

We are pleased to announce the assumption and secondary advance of a single tenant industrial building located in North Portland. The loan was funded with a correspondent life company. The 70,970 SF building includes 5,367 SF of office buildout located on 6.0 acres. The assumption allowed the purchaser to retain the existing lower rate on the first mortgage for the remainder of the 10 year term while providing additional funds from the secondary advance co-terminus with the first mortgage. #MelvinMarkCapitalGroup #MMCG

We are pleased to announce the refinance of a 31,990 SF mixed-use iconic building well located in the heart of the Pearl District. The property has had an excellent occupancy history anchored by local retail. The loan was originated with one of our correspondent life companies. #MelvinMarkCapitalGroup #MMCG

We are pleased to highlight the loan closing of two retail buildings. The Portland property totals 11,407 SF and contains 6 retail tenant spaces. The Hood River property totals 24,507 SF and contains 14 retail tenant spaces. The loan was customized to meet the borrower's goals which included no prepayment penalty after Year 3 on a 7-yr fixed rate loan. Furthermore, the borrower has the ability to payoff 20% of the balance at par annually. #MelvinMarkCapitalGroup #MMCG

We are pleased to announce the acquisition financing of a 26,755 SF retail center located on the highly trafficked corner of SW Scholls Ferry Road and SW Nimbus Avenue. MMCG was able to work with the lender to accommodate a ground lease structure. The limited recourse loan was structured with 30-year amortization. #MelvinMarkCapitalGroup #MMCG

We are pleased to highlight the loan closing for a 79-unit hotel located in the heart of wine country. The subject is wine tourism and business focused in an underserved hospitality market. The fixed-rate construction-to-perm loan was funded by one of our life company lenders. The initial I/O period is followed by rate resets over the 30-year loan term. #MelvinMarkCapitalGroup #MMCG

We are pleased to highlight the loan closing of a 95-unit garden style apartment complex. The non-recourse loan was originated by an MMCG correspondent life company and structured with flexible prepayment and 30-year amortization. #MelvinMarkCapitalGroup #MMCG

We are pleased to highlight the refinance of a 104,778 square foot office building located at the Kruse Way exit on Interstate 5 and Highway 217. The interim loan was funded by one of our life company lenders. #MelvinMarkCapitalGroup #MMCG

We are pleased to highlight the refinance of a 67,000 square foot industrial park for a repeat client with a correspondent life company. MMCG arranged a cash-out refinance in order to achieve the client's goal of capital improvements. The long-term fixed rate refinance was non-recourse at a 180 bps spread over the Treasury index (sub 5.50% rate), with a flexible pre-payment structure to provide future flexibility. #MelvinMarkCapitalGroup #MMCG

We are pleased to highlight the loan closing of a 14,520 SF single tenant industrial building located in the sunset corridor. Borrower completed a long-term lease with a credit tenant and MMCG helped to optimize the financing. The loan was funded by a correspondent life company with a 15-year loan term (10-year fixed with a no cost 5-year extension option) and 25-year amortization. #MelvinMarkCapitalGroup #MMCG #MelvinMarkCapital

We are pleased to highlight the loan closing of a 52,730 SF office building for a repeat client. #MelvinMarkCapitalGroup #MMCG #MelvinMarkCapital