Browse Our Commercial Real Estate Financing Success Stories:
- Hotel & Lodging
- Multifamily
- Retail/Office/Industrial
- Healthcare
- Tax Credits
- Brokerage Services
- Featured Case Studies
Permanent Debt Transactions
Construction Financing Transactions
Bridge & Transitional Financing Transactions
Mezzanine Debt & Preferred Equity Transactions
Tax Credit Services Transactions
Brokerage Services Transactions
Bent Tree Apartments: Abilene, TX
Highlights:
- Permanent Debt
- Abilene, TX
- 119 Unit Apartment Complex
Financing Amount:
$4.8 Million
City Scapes Apartments: Dallas, TX
Highlights:
- Dallas, TX
- 260 Units
- Apartment Complex
Financing Amount:
$5 Million
Country Air Village: San Bernardino County, Yucaipa, CA
Highlights:
- Permanent Debt
- Yucaipa, CA
- 40 Units
- Apartment Complex
Financing Amount:
$2.3 Million
Summary:
Aries Capital structured a $2.3 million non-recourse loan for a 40-unit apartment complex in San Bernardino County, California. Despite the fact that the complex was on a septic system, and is located in a tertiary market, Aries was able to secure the borrower a favorable 10-year term with a fixed rate just over five percent. In addition, the borrower was able to refinance his existing debt and receive a significant cash-out. The transaction was funded through Fannie Mae, and featured a 30-year amortization and a loan-to-value ratio of 75%.
La Plaza Villa: Guadalupe, CA
Highlights:
- Permanent Debt
- Guadalupe, CA
- 74 Units
- Condo Mapped Apartments
Financing Amount:
$8.05 Million
La Vita Apartments: Dallas, TX
Highlights:
- Dallas, TX
- 162 Units
- Apartment Complex
Financing Amount:
$3.575 Million
Lincoln Park Apartments: Chicago, IL
Highlights:
- Chicago, IL
- 2 Properties
- 10 Residences
- 2 Commercial Spaces
Financing Amount:
$2.73 Million for Two Properties
Lincoln Park Apartments: Chicago, IL
Highlights:
- Chicago, IL
- 2 Properties
- 10 Residences
- 2 Commercial Spaces
Financing Amount:
$2.73 Million for Two Properties
Madison Portfolio: Madison, WI
Highlights:
- Various Financing Types
- Madison, WI
Financing Amount:
$21.897 Million Portfolio
Milwaukee Area Portfolio: Milwaukee Area, WI
Highlights:
- Portfolio of Two Multifamily Properties
- Total 152 Units
- Saved Borrower Quarter of a Million Dollars Annually
- Closed in just 45 days
- Milwaukee Area, WI
- Read press release >
Financing Amount:
$9.28 Million Portfolio
Peace Bridge Apartments: Buffalo, NY
Highlights:
- Permanent
- Buffalo, NY
- 125 Units
- Apartment Complex
Financing Amount:
$2.1 Million
Peoria Avenue Multifamily: Chicago, IL
Highlights:
- Fannie Mae
- Chicago, IL
- 9 Units
- Multifamily
Financing Amount:
$2.275 Million
Prescott Lakes Senior Community: Prescott, AZ
Highlights:
- Mezzanine Financing
- Prescott, AZ
- 123 Units
- Senior Housing Commnity
Financing Amount:
$3.725 Million
Racine Avenue Mixed-Use: Chicago, IL
Highlights:
- Fannie Mae
- Chicago, IL
- 43 Units
- Mixed Use
Financing Amount:
$2.56 Million
Sahara Student Housing: Tucson, AZ
Highlights:
- Construction Financing
- Tucson, AZ
- 169 Beds
- Student Housing
Financing Amount:
$6 Million
South Roan Apartments: Johnson City, TN
Highlights:
- Permanent Debt
- Johnson City, TN
- 68 Units
- Apartment Complex
Financing Amount:
$3.2 Million
Sunterra Apartments: Fort Meyers, FL
Highlights:
- Permanent Debt
- Fort Meyers, FL
- 120 Units
- 75% Income Restricted
- Garden-Style Property on 5 Acres
- Participates in Section 8 Through US Department of Housing and Urban Development (HUD).
Financing Amount:
$3.3 Million
Tremont Tower: Houston, TX
Highlights:
- Mezzanine Financing
- Houston, TX
- 76 Units
- Condos
Financing Amount:
$5 Million
Waterford Property Portfolio: Rockford, IL
Highlights:
- Permanent Debt
- Rockford, IL
- 4 Properties
- 248 Units
Financing Amount:
$10.5 Million
American Indemnity: Galveston, TX
Highlights:
- Bridge Financing
- Permanent Debt
- Galveston, TX
- 6-Story Class B Office
- 135,000 Square Feet
Financing Amount:
$7.85 Million
Bella Office Plaza
Highlights:
- Permanent Debt
- Single Story Class B Office
- 138,000 Square Feet
Financing Amount:
$15.1 Million
Canyon Portal: Sedona, AZ
Highlights:
- Permanent Debt
- Aries Has Financed 4 Times
- Sedona, AZ
- 2-Story Boutique Retail
- 47,000 Square Feet
Financing Amount:
$20.75 Million
Clark Adams/Banker’s Building: Chicago, IL
Highlights:
- Permanent Debt
- Chicago, IL
- Client: Musa Tadros, Crown Real Estate & Development
- 41-Story Class B Office With Hotel Tenant
- 456,000 Square Feet
Summary:
The refinance of the 456,000 SQ Loop office building, required creativity and significant structuring to accommodate a partner buyout, and a need for a partial release of collateral should the anchor tenant, Club Quarters, wish to exercise an existing purchase option. Aries was able to get lenders comfortable with the loan amount from both a square footage and a per hotel room basis, and provided client, Crown Real Estate and Development with multiple loan solutions including a CMBS loan, a hybrid CMBS/Bridge loan, and a floating rate loan. Ultimately the client selected a Wells Fargo-funded $45.3 million first mortgage floating rate loan, and swapped out $27 million into a five-year fixed rate. The remaining balance of the loan is pre-payable without penalty in the event the hotel exercises its purchase option. The blended rate was priced at 4.19%.
Green Exchange: Chicago, Illinois
Highlights:
- CMBS First Mortgage
- Historic Tax Credits & Other Tax Incentives
- HUD 108 Loan
- 270,000 Square Feet
Financing Amount:
$26.5 Million
Helgesen Portfolio: Wisconsin & Illinois
Highlights:
- Permanent Debt
- Wisconsin & Illinois
- 6 Property Industrial Portfolio
- 1, 400,000 Square Feet
Financing Amount:
$31.1 Million
Howard Street Theater Building: Chicago, IL
Highlights:
- First Mortgage
- Mezzanine Financing
- Mixed Use
- Chicago, IL
- 140 Rooms
Financing Amount:
$2.8 Million
Kiowa Village Retail Center: Mesa, AZ
Highlights:
- Construction Financing
- Permanent Debt
- Mesa, AZ
- Single Story Retail Center
- 47,000 Square Feet
Financing Amount:
$9.2 Million: Construction & $11.2 Million: Permanent
La Merra Mixed Used:
Highlights:
- Acquisition & Land
- Sedona, AZ
- 111 Acre Mixed Use Development
- 38 Lots
Financing Amount:
$32 Million
Liberty Harbor: Jersey City, NJ
Highlights:
- Acquisition & Development
- Mezzanine Financing
- Mixed Use
Financing Amount:
$29.85 Million
Quick Service Restaurant Portfolio: Nationwide
Highlights:
- Acquisition
- Nationwide
- 21 Store NNN Portfolio
- 42,000 Lots
Financing Amount:
$15.5 Million
Seventh Street Corporate Center: Phoenix, AZ
Highlights:
- Permanent Debt
- Phoenix, AZ
- 78,000 SF
Financing Amount:
$4.05 Million
Sinagua Plaza: Sedona, AZ
Highlights:
- Bridge Financing
- Aries Financed 2 Times
- Sedona, AZ
- 2-Story Boutique Retail
- 30,000 Square Feet
Financing Amount:
$11.5 Million
Spectrum Village Retail Center: Gilbert, AZ
Highlights:
- Development Financing
- Mezzanine Financing
- Gilbert, AZ
- Proposed 60,000 Square Foot Retail Development
Financing Amount:
$5.625 Million Development Loan & $2.8 Million Mezzanine
Unisource: Mechanicsburg, PA
Highlights:
- Permanent Debt
- Mechanicsburg, PA
- Industrial
Financing Amount:
$14.38 Million
Deer Valley Medical: Phoenix, AZ
Highlights:
- Construction Financing
- Phoenix, AZ
- 5-Story Class A Medical Office
- 84,000 Square Feet
Financing Amount:
$20.775 Million
Denton Rehab Nursing Center: Denton, TX
Highlights:
- Permanent Debt
- Denton, TX
- Single Story Nursing Home
- 225 Beds
Financing Amount:
$8 Million
Oklahoma Skilled Nursing Facility: Eastern Oklahoma
Highlights:
- Bridge Financing
- Eastern Oklahoma
- Single Story Nursing Home
- 180 Beds
Financing Amount:
$8.4 Million
Summary:
Aries Capital arranged an $8.4 million, non-recourse bridge loan for a 180-bed skilled-nursing facility in eastern Oklahoma. The two-year, interest only loan, enabled the borrower to close out an existing HUD loan and buy out the other partners in the business.
The product type is not favored by traditional capital markets, and the borrower had been seeking financing on his own for over a year when he turned to Aries Capital for assistance. Using our network of relationships with diverse capital sources, Aries was able to secure the financing through a private lender with whom we have a longstanding relationship.
Prestonwood Rehab & Nursing Center: Plano, TX
Highlights:
- Sale
- Plano, TX
- Single Story Nursing Home
- 185 Beds
Financing Amount:
$11 Million
Roseland Community Hospital: Chicago, IL
Highlights:
- Federal & State New Markets Tax Credits
- Construction
- Chicago, IL
- 50% Below Market Interest Rate
- Interest Only for 7-Year Term
- Debt Forgiveness at the Close of the Term
- 28-Bed In-Patient Psychiatric Care Center & Health Record System
Financing Amount:
$17.5 Million
Roseland Medical Center: Chicago, IL
Highlights:
- New Markets Tax Credits
- Construction
- Chicago, IL
- 27,000 SF Medical Office Building With Retail & Green Space
- Longer Interest Only Payment Term
- Below Market Interest Rate
Texas Cardiology Office: Kingwood, TX
Highlights:
- First Mortgage
Financing Amount:
$3.75 Million
Hotel 21C: Louisville, KY (UDF)
Highlights:
- Permanent Debt
- Equity
- New Markets Tax Credits
- Historic Tax Credits
- Louisville, KY
- 90 Rooms
Clemens Center: Elmira, NY (UDF)
Highlights:
- New Markets Tax Credits
- Financing for Necessary Facility Upgrades
- Elmira, NY
- 2 Loans
- Below Market Interest Rates
- Longer Than Standard Interest Only Payments
- Below Market Origination Fees
- 1,608 and 200 Seat Theaters
Deco201 Building: Milwaukee, WI (UDF)
Highlights:
- New Markets Tax Credits
- Subordinate Financing to Fill Gap to Begin Construction
- Milwaukee, WI
- Lower Than Standard Interest Rates
- Interest Only for 7 Year Terms
- Lower Than Standard Origination Fees
- Higher Than Standard LTV
- 44,000 SF Mixed-Use Development
Embassy Suites: San Antonio, TX Riverwalk (UDF)
Highlights:
- Construction/PIP
- Permanent Debt
- New Markets Tax Credits & Historic Tax Credits
- Equity Investment
- San Antonio, TX Riverwalk
- 285 Rooms
Hilton St. Charles Street: New Orleans, LA (UDF)
Highlights:
- Construction
- Permanent Debt
- New Markets Tax Credits
- 250 Rooms
Summary:
The project faced a myriad of obstacles in obtaining financing, including the high cost of rehabilitation, the unwillingness of most investors to place funds in the New Orleans hotel market following hurricanes Katrina and Rita, high construction costs, including materials, permits and labor, and a general sense of nervousness of behalf of financiers to invest in the GO Zone.
Hood Commons: Derry, NH (UDF)
Highlights:
- New Markets Tax Credits
- Acquisition & Improvements
- Derry, NH
- Interest Only Loan for 3 Years
- Interest Only for 7 Year Terms
- Below Market Interest Rates
- Lower Than Standard Debt Service Coverage Ratio
- Grocery
La Gran Plaza: Ft. Worth, TX (UDF)
Highlights:
- New Markets Tax Credits
- Interest Only Loan
- Redevelopment
- Ft. Worth, TX
- Below Market Interest Rate
- Higher Than Standard LTV
- Flexible Borrower Credit Standards
- Lower Than Standard Debt Service Coverage
- 985,000 SF
Machine Flats: Cincinnati, OH (UDF)
Highlights:
- New Markets Tax Credits
- Historic Tax Credits
- Interest Only Loan & Equity Investment
- Renovation
- Cincinnati, OH
- More Flexible Borrower Credit Standards
- 138,000 SF Retail, Light Industrial, Office and Condo Space
PBS39 Steel Stacks: Bethlehem, PA (UDF)
Highlights:
- New Markets Tax Credits
- Construction Financing
- Bethlehem, PA
- Anchor of Revitalization of Nation’s Largest Brownfield Site
- Below Market Interest Rates
- Interest Only for 7 Years
- 100 Seat Television Studio
Pinnacle at Jackson Place: Jackson, MS (UDF)
Highlights:
- New Markets Tax Credits
- Rehabilitation
- Jacksonville, MS
- Lower Than Standard Interest Rates
- Higher Than Standard LTV
- Received 2 Interest Only Loans
- 190,000 SF Office Building
The Roosevelt Hotel: New Orleans, LA (UDF)
Highlights:
- Permanent Debt
- Equity
- New Markets Tax Credits
- Historic Tax Credits
- New Orleans, LA
- 500 Rooms
Summary:
Aries structured the $151 million financing for the acquisition and renovation of the 500-room historic hotel, which included senior construction debt, as well as Federal and State Historic and New Markets Tax Credits. Aries structured and syndicated the tax credits and arranged interim financing to bridge the funding gap prior to monetizing the credits.
Roseland Community Hospital: Chicago, IL (UDF)
Highlights:
- Federal & State New Markets Tax Credits
- Construction
- Chicago, IL
- 50% Below Market Interest Rate
- Interest Only for 7-Year Term
- Debt Forgiveness at the Close of the Term
- 28-Bed In-Patient Psychiatric Care Center & Health Record System
Financing Amount:
$17.5 Million
Roseland Medical Center: Chicago, IL (UDF)
Highlights:
- New Markets Tax Credits
- Construction
- Chicago, IL
- 27,000 SF Medical Office Building With Retail & Green Space
- Longer Interest Only Payment Term
- Below Market Interest Rate
St. Louis Centre: St. Louis, MO (UDF)
Highlights:
- New Markets Tax Credits
- Rehabilitation
- St. Louis, MO
- Lower Than Standard Interest Rates
- Longer Interest Only Payment Term
- Mixed Use Structure — Retail, Parking Garage, Theatre
Bedrock 16-Hotel Portfolio: 10 States
Highlights:
- Sale
- 10 States
- 16-Hotel Portfolio
- 3,200 Rooms
Sale Amount:
$325 Million
Clarion Inn Airport: Houston, TX
Highlights:
- Sale
- Houston, TX
- 220 Rooms
Sale Amount:
$6 Million
Clarion Inn: Waco, TX
Highlights:
- Sale
- Waco, TX
- 148 Rooms
Sale Amount:
$7 Million
Hampton Inn: Seabrook, TX
Highlights:
- Sale
- Seabrook, TX
- 70 Rooms
Sale Amount:
$5 Million
Hampton Inn: Houston, TX
Highlights:
- Sale
- Houston, TX
- 120 Rooms
Sale Amount:
$8 Million
Hilton Garden Inn: San Diego, CA
Highlights:
- Sale
- San Diego, CA
- 200 Rooms
Holiday Inn: Monterey (Seaside), CA
Highlights:
- Sale
- Monterey, CA
- 143 Rooms
Sale Amount:
$18 Million
Holiday Inn: Nassau, Bahamas
Highlights:
- Sale
- Nassau, Bahamas
- 183 Rooms
Sale Amount:
$6 Million
Holiday Inn: Lewisville, TX
Highlights:
- Sale
- Lewisville, TX
- 100 Rooms
Sale Amount:
$5 Million
Homewood Suites: Lincolnshire, IL
Highlights:
- Sale & Finance
- Lincolnshire, IL
- 125 Rooms
Sale Amount:
$17 Million
Link Directly to Detailed Case Studies of Key Aries Capital Transactions:
$45.3 Million Class B Chicago Office Building With Hotel Tenant
$57 Million CMBS Loan for Gulf-Coast Hotel Portfolio — Closed in Just 32 Days
$151 Million Financing Package for The Roosevelt New Orleans, a Waldorf Astoria Collection Hotel
