DALLAS, November 15 — Dallas, Texas-based Metropolitan Capital Advisors (MCA), a financial intermediary specializing in the exclusive representation of investors, developers and property owners in the commercial real estate capital markets, has arranged a $63,000,000 Permanent Fixed Rate Mortgage loan for the recently completed Boeing Regional Headquarters Campus located in Oklahoma City, Oklahoma.
The Boeing Campus is situated directly across from the Tinker Air Force Base (“Tinker”), and less than three (3) miles from major thoroughfares including I-240 and I-40. Tinker is the largest single-site employer in Oklahoma with over 27,000 military and civilian employees. It is home to eight (8) major Department of Defense missions as well as housing an Air Force Two Star General.
The non-recourse loan equated to a 70% Loan-To-Value at a fixed interest rate of 4.85% for 10 years. The loan was interest only for 1 year with a 30 year amortization thereafter. Proceeds from the loan were used to retire the existing debt, pay for remaining Tenant Improvements, fund closings costs and return equity to the Sponsor.
Since 1992, Metropolitan Capital Advisors has closed in excess of $8.8 billion of debt and equity transactions. National Real Estate Investor Magazine has consistently ranked MCA as one of the top CRE Financial Intermediaries in the US. MCA has already closed over $300,000,000 of commercial real estate financing during 2012. If you have a commercial mortgage financing need, please fill out the form below so we may contact you and get your deal funded: