debt placement

We understand that constructing commercial real estate debt is a series of complex steps. Our experience and deep-rooted network of nationwide relationships confirms that we’re tremendously well-versed within the capital markets field.

At John B. Levy & Company, we raise long-term, non-recourse permanent debt and shorter-term, floating-rate or bridge debt from institutional investors to arrange and structure the best debt financing available.

We use industry-leading research to your advantage and work exclusively for the borrower (developer/investor). This allows us to work in many different markets and add value to a broad spectrum of transactions. Our clients have included REITS such as:

Federal Realty (NYSE: FRT)
Mills Corporation (NYSE: MLS)
United Dominion Realty Trust (NYSE: UDR).
Individual investors

Recent Projects

4221 Forbes Boulevard

Placement of $4,800,000 in permanent financing for this 48,192 square foot office building located in Lanham, Maryland.

4600 Powder Mill Road Office Building

Placement of $12,500,000 in long-term, fixed-rate permanent financing on behalf of Dengar-Belt, LLLP. The office building is located in Beltsville, Maryland.

BECO & Edson Lane Buildings

Placement of $16,000,000 in long-term permanent financing on behalf of BRIT-BECO Building LLC -- a limited liability company organized in the State of Maryland. The financing was secured by an 113,550 square foot office complex ideally located along Rockville Pike in Montgomery County, Maryland. The property was financed with a 5.65% fixed-rate, permanent mortgage having a 10-year term that amortizes over 30 years. Located directly across from White Flint Mall, the building originally constructed in 1974 enjoys a healthy tenant mix.

Century Plaza Office Buildings

Placement of $21,000,000 in long-term, fixed-rate permanent financing on behalf of BRIT, Limited Partnership. The two 4-story office buildings are located in the highly successful planned community of Columbia, Maryland.

Computer Learning Center Building

Placement of $8,000,000 in long-term, fixed-rate permanent financing on behalf of GDR Manassas LLLP. The 90,000 square foot, 2-story office building is located in Prince William County, Virginia.

Computer Sciences Corporation Building

Placement of $4,600,000 in long-term, fixed-rate permanent financing on behalf of GDR VI, Limited Partnership. The office building is located in Laurel, Maryland.

Cyber Fortress I

Placement of $11,700,000 in long-term, fixed-rate permanent financing on behalf of an affiliate of DataCentersNow. The state-of-the-art data center is located in Dulles, Loudoun County, Virginia.

Dorsey Business Center III

Placement of $4,870,000 in permanent financing for this 54,381 square foot, two-story office building located in Elkridge, Maryland.

Fairfax Office Building

Placement of $16 million in permanent financing for this 148,812 Class A suburban office building located in the Richmond, Virginia MSA.

Five Office Building Portfolio

$210 million in fixed-rate, permanent financing for five office buildings located in the Northern Virginia and Baltimore areas.

Garwyn Medical Center and Randallstown Medical Center

Placement of $4,500,000 in long-term, fixed-rate permanent financing on behalf of BRIT Limited Partnership. The two medical centers are located in Baltimore, Maryland.

Herndon Square Office Park

Placement of $14,250,000 in long-term, fixed-rate permanent financing on behalf of Vingarden Associates. The premier mixed-use corporate park is located in Herndon, Virginia.

Highland I Office Building

Placement of $3,500,000 in long-term permanent financing for a Class A office building located in Richmond, Virginia.

Highland II Office Building

Placement of $7,300,000 in long-term, fixed-rate permanent financing for a Class A office building located in the highly successful Glen Forest Office Park in Richmond, Virginia.

International Tower Building

Placement of $15,200,000 in long-term, fixed-rate permanent financing on behalf of BRIT Limited Partnership. The 82,389 square foot office building is located near BWI Airport in Linthicum, Maryland.

Laurel Executive Building

Placement of $6,600,000 in long-term, fixed-rate permanent financing on behalf of 312 Marshall Avenue LLLP. The office building is located in Laurel, Maryland.

Merrilee Business Center

Placement of $7,200,000 in long-term permanent financing for multiple buildings in the Merrilee Business Center in Merrifield, Virginia. The financing, which was quite complex and included different terms for individual properties. A key term of the transaction allowed the borrower to avoid significant prepayment penalties through the replacement of collateral. The Merrilee Business Center enjoys a fantastic location near I-495 and adjacent to the Dunn Loring Metro Station. Although the Northern Virginia market suffers from one of the highest vacancy rates in the country, the five buildings, constructed in the early 1980s, contain 160,895 net rentable square feet and have an occupancy rate over 90%.

MetroView Plaza Office Building - CSC Prime Alliance Headquarters

Placement of $25,000,000 in fixed-rate construction financing on behalf of Vingarden Associates LP. The new 12-story, Class A office building is expected to be completed in the fourth quarter 2002. Computer Sciences Corporation, the building's tenant, is leading a world-class team of seven companies a contract that was awarded to modernize the U.S. tax computer system.

Northrop Grumman Building

Placement of $12,600,000 in long-term, fixed-rate permanent financing on behalf of BRIT Limited Partnership. The 194,457 square foot office building is located near BWI Airport in Linthicum, Maryland and is leased entirely to Northrop Grumman Corporation.

Oakland Ridge Office Building

Placement of $8,150,000 for redevelopment financing on behalf of WWG Oakland Ridge, LLC. The office building is located in Columbia, Maryland.

Portfolio of Six Office Buildings

Placement of $120,000,000 in long-term, fixed-rate permanent financing on behalf of BRIT Limited Partnership. The six office buildings are located in the Northern Virginia and Baltimore areas.

Skyline Center

Placement of $3,175,000 in permanent financing for the acquisition of this 44,801 square-foot office building located on Lee Road in the Winter Park sub-market of Orlando, Florida.

Southgate Business Center

Placement of $9,270,000 in long-term, fixed-rate permanent financing for this 78,669 square foot one-story research and development facility located in Chantilly, Virginia.

The Turning Basin Building

Placement of $16,250,000 in long-term, fixed-rate permanent financing for this 93,329 square foot Class A office building located on the historic Turning Basin Canal in Richmond, Virginia.

Waterfront Centre

Placement of $26,000,000 for this 113,989 square foot Class A, mid-rise office building near the Potomac Waterfront in Washington, D.C.

White Oak Professional Building

Placement of $2,250,000 in long-term, fixed-rate permanent financing on behalf of BRIT - White Oak, LLC. The four-story medical office building is located in Silver Spring, Maryland.

Arlington Plaza

Placement of $6,200,000 in long-term, permanent financing for this 91,068 square--foot, anchored retail center located in Greenville, North Carolina. The property was originally constructed in 1970 and entirely remodeled and added on to in 1999.

Hanes Square Shopping Center

Placement of $2,750,000 in long-term permanent financing on behalf of RJN-NC, LLC. The financing was secured by Hanes Square Shopping center located in Winston-Salem, North Carolina. The property was financed with a permanent mortgage having a 10-year term that amortizes over 30 years. The subject property is an 18,236 square foot, newly constructed shopping center located just west of the major retail intersection of I-40 and Stafford Road in Winston-Salem, North Carolina.

Haxall Building

Placement of $10,500,000 in floating-rate financing for this adaptive restoration project in downtown Richmond, Virginia comprised of approximately 45,000 plus sq. feet of mixed use space with loft apartments above offices, retail shops and a restaurant.

Haynes Furniture Store

Placement of $5,500,000 in long-term, fixed-rate permanent financing on behalf of Jefferson Avenue Properties, LLC. The 85,000 square foot retail facility is located in Newport News, Virginia.

Lady Byrd Hat Building

Placement of $8,900,000 in floating-rate financing for this adaptive restoration project located in downtown Richmond, Virginia with 53,000 square feet of office, retail and restaurant space.

Mayfaire Community Center

Placement of $14,000,000 in permanent financing for this 70,686 of newly constructed grocery-anchored retail in Wilmington, North Carolina.

Mayfaire Town Center

$52,000,000 in permanent long-term financing for Mayfaire Town Center, a retail project in Wilmington, NC. The $52,000,000 transaction was priced very aggressively at a fixed-rate below 6%, with a 10-year term that amortizes over 30 years, a portion of which is interest only.

New City Center

Refinancing of New City Center at 605 N. Moore Avenue in Moore, Oklahoma just south of Oklahoma City. The loan amount is $8.2 million with a ten-year term, amortized for 25 years, at 5.76%. The borrower is New City Center, LLC, a single-purpose entity controlled by its sole member, a Northern Virginia based real estate management company. The 181,170 mixed-use property is strategically located adjacent to I-35 a primary arterial in close proximity and easy access to the state’s Capitol city, the Will Rodgers Airport, and the University of Oklahoma. The property was originally constructed in 1963 and since 1997 has undergone significant renovations that include $3.3 million of capital expenses on remodeling the façade, new signage, resurfacing the parking lot, extensive landscaping, retrofitting lighting and tenant build-out. At closing, the property was 98% leased and occupied by a good mix of national and local tenants. Major and national tenants include Cendant, Ferguson Plumbing, Family Dollar, Ace Hardware, Western Wear, Payless, Subway and Hallmark.

Office Depot Shopping Center

Placement of $13,600,000 in long-term, permanent financing for this 107,259 square foot anchored shopping center located in Laurel, Maryland.

The Mills Corporation

Placement of $76 million in permanent financing for a nine-property, seven-state package comprised of 1,449,750 square feet of anchored retail space.

The Shoppes at Twin Oaks

Placement of $8,200,000 in permanent financing for this 39,450 square foot specialty retail center located in Innsbrook -- Richmond, Virginia's premier suburban office location.

Towne Square and University Mall

Placement of $22,400,000 in long-term, fixed-rate permanent financing on behalf of Roanoke Valley Associates, LLC. Both malls are located in Roanoke, Virginia.

Best Western at Kent Narrows

Placement of $5,000,000 in permanent financing for this 92-room, 4-story hotel located on the historic Eastern Shore of Maryland.

Comfort Suites Southport

Placement of $3,100,000 for this 70-room hotel located just a ferry ride away from historic Wilmington, North Carolina.

Fairfield Inn & Suites Virginia Beach Oceanfront

$11,300,000 in permanent financing for a brand new hotel with 110-unit luxury guest rooms that sit directly on Virginia Beach's Oceanfront.

Holiday Inn at Tanglewood

$7.2 million in financing for the Holiday Inn at Tanglewood, in Roanoke, Virginia. The loan, a refinancing, has a ten year term and a 25 year amortization. The property has a very strong track record, is in a strong second tier market, and is expected to expand its market presence parallel to the regional growth. Roanoke was ranked one of the top 25 cities for employment growth by Expansion Magazine.

Woodstock Comfort Inn

An acquisition loan of $3 million with a 10-year term and 25 year amortization at 5.25% interest. The property is located at 1011 Motel Drive, in Woodstock, Virginia and has recently undergone extensive renovation, including installation of Wireless Internet, in March. Woodstock is an emerging market, and the hotel is nestled in the heart of the Shenandoah Valley, between the Allegheny and Blue Ridge Mountains, an increasingly popular destination in the mid-Atlantic.

Capital Garage Apartments

Placement of $4,000,000 in permanent financing for this newly renovated, 36-unit five-story, 2-bedroom, 2-bath apartment complex originally constructed in 1921. The apartments are fully leased to Virginia Commonwealth University under an annually renewable lease that has 3% annual increases.

Cedarfield Apartments

Placement of $5,200,000 in permanent financing for these 118 attractive brick Townhome and Garden Apartment units located in 17 buildings on an 8.18 acres park-like setting in the maritime city of Portsmouth, Virginia.

Chamberlayne Gardens

Placement of $8,080,000 in floating-rate financing for a 216-unit apartment complex located in the historic Ginter Park section of downtown Richmond, Virginia.

Chester Townhouses

Placement of $2,500,000 in long-term permanent financing for a 152-unit apartment complex located in Richmond, Virginia.

Cloisters Apartments

Placement of $6,200,000 in long-term, permanent financing for an apartment complex located in Richmond, Virginia.

Granby Street Apartments

Placement of $6,400,000 in permanent financing, is for the 411 Granby Apartments, a mixed use project located at 411 Granby Street in the heart of downtown Norfolk, a stone’s throw from McArthur Center. This project, which includes 49 gorgeous residential units and ground floor retail, was completely renovated and now has an extremely competitive position over other luxury units in Norfolk. The apartments are unique to the area due to their loft style features including 12 ft ceilings, large windows, raised bedrooms, and plentiful floor plans. The project has historic tax credits that made the transaction particularly complicated.

Ludwell Apartments

Placement of $5,000,000 in long-term, fixed-rate permanent financing on behalf of Ludwell Apartments LLC. The student apartment project is located adjacent to the College of William and Mary in historic Williamsburg, Virginia.

Manhattan Apartment Building

Placement of $4,800,000 in long-term, fixed-rate permanent financing on behalf of 44-45 Realty Associates, LP. The 65-unit luxury apartment building is located in New York City.

Nolde Bakery Loft Apartments

Placement of $9,525,000 in floating-rate financing for this 77-unit luxury apartment project located in downtown Richmond, Virginia's Historic Church Hill District.

Park Crescent Apartments

Placement of $15,500,000 in long-term, permanent financing on behalf of Park Crescent Associates, LP. Park Crescent is a 288-unit luxury apartment complex located in Norfolk, Virginia.

Pepperwood Townhomes

Placement of $9,700,000 in fixed-rate permanent financing for this 141-unit townhome community located in Portsmouth, Virginia.

Southgate Towers

Placement of $24,000,000 in long-term, permanent financing for this 550-unit apartment complex located directly on Biscayne Bay in Miami, Florida. The site has 1,000 feet of frontage along Biscayne Bay, and is located three blocks north of the MacArthur Causeway’s entrance onto "South Beach.” South Beach, which is the southern tip of Miami Beach, has experienced tremendous growth over the past several years and is home to some of the most luxurious waterfront condominiums in the world.

Stratford at Williamsburg Apartments

Placement of $8,700,000 in permanent financing for this 156 unit apartment complex built in 1970 and located just a few minutes from Colonial Williamsburg, Virginia.

The Floridian

Placement of $42 million in fixed-rate construction/permanent financing for a luxury apartment building located in Miami Beach, Florida.

The Village at Horsepen

$9 million in permanent financing for The Village at Horsepen, a multi-family project in Richmond, Virginia. The transaction, a refinancing, is for $9 million with a 5 year term and a 25 year amortization. It carries a fixed-rate of 4.74%.

Industrial warehouse

Placement of $1,500,000 in long-term permanent financing on behalf of Four-D Grumbacher LLC. The warehouse facility is located in York, Pennsylvania.

Kennedy Road Business Center

Placement of $4,720,000 in long-term, fixed-rate permanent financing on behalf of Venture Akron, Ltd. The 171,042 square foot, 4-building industrial property is located in Akron, Ohio.

Norwalk Warehouse

Placement of $3,000,000 in long-term, fixed-rate permanent financing on behalf of Norwalk Realty, LLC. The bulk warehouse facility is located in Norwalk, Ohio.

Erwin Square

Placement of $8,600,000 in long-term, fixed-rate permanent financing on behalf of SEHED II, Ltd. Erwin Square is a combination of apartments, office and retail space located adjacent to the Duke University campus in Durham, North Carolina.

Wilmington Athletic Club/Pulse Athletic Club

Placement of $5,225,000 in long-term, fixed-rate permanent financing and mezzanine financing on behalf of KRAC, LLC. The Wilmington Athletic Club is located in Wilmington, North Carolina and Pulse Athletic Club is lcoated in Greenville, North Carolina.

Our Services

Debt Placement

We understand that constructing commercial real estate debt is a series of complex steps. Our...
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Equity

Oftentimes, the most crucial and most demanding piece of a real estate transaction is the...
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Structured Financing

Finding capital in today’s market isn’t necessarily the challenge. To ensure an asset...
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Research

Our reputation for producing the most extensive and precise research in the industry is something...
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