Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange the sale of a $12.2 million mezzanine loan (the “Mezzanine Loan”) secured by the equity interest in a Class A office building in Dallas, TX. The offering presents investors the opportunity to acquire a mezzanine loan with desirable current pay, loan metrics, and near-term maturity. The Seller of the Mezzanine Loan is also the Senior Lender and willing to provide purchaser with an attractive financing option for a go-forward Senior debt position at the expiration of the current loan.
COMPELLING BASIS The Mezzanine Loan provides the opportunity to enter at an attractive basis well below replacement cost and recent sales
SELLER FINANCING Seller of the Mezzanine Loan willing to provide transparency and certainty with attractive senior debt at current loan maturity
STRONG LEASING MOMENTUM Over 70k RSF leased at the asset in the last 24 months with below market incentive packages
INSTITUTIONALLY MAINTAINED ASSET Long-term, institutionally owned with a full amenity package that includes a fitness center, cafe, conference center, modern lobbies, and outdoor seating
DALLAS LEADING RETURN TO OFFICE Top 3 MSA nationally in physical office occupancy (Kastle)
THRIVING DALLAS / FORT WORTH ECONOMY Nation leading job and population growth