NATIONAL FOOTPRINT

Backed by a century’s worth of knowledge and expertise, Cronheim Mortgage provides a vast array of real estate services, including debt and equity for investment grade real estate. By leveraging the strong correspondent and/or servicing relationships we have cultivated with our institutional investors, including many insurance companies, we have continuously had access to substantial debt and equity capital to invest in quality real estate at pricing well below alternative sources, especially for long-term debt. We stand out from our competitors with our strong debt servicing portfolio, currently in excess of $2,000,000,000.  Moreover, through our Channel Real Estate Funds affiliate, we have efficiently and cost-effectively provided mezzanine and equity capital for numerous real estate assets. We have placed debt/equity and serviced in 30 states, and continue to capitalize on new opportunities.

REPRESENTATIVE TRANSACTIONS

To view more of our hospitality representative transactions, please visit our hospitality branch, CRONHEIM HOTEL CAPITAL, at http://www.chccapital.com/

Cronheim Places $19.9MM Refinancing for Bergen County Class A Office



Cronheim Mortgage secured refinancing proceeds of $19,975,000 for the recently renovated 174,746 SF five-story Class "A" office building with quality amenities and services, including a full-service cafeteria with patio seating, a full-day child care center, on-site property management, and full-time lobby personnel.

The transaction was not without its challenges. An un-subordinated ground lease, near term tenant roll and tenancy concentration required structuring, negotiation and compromise. Ultimately Cronheim obtained a non-recourse, 10/30 with proceeds above what the client had initially anticipated when they entered the debt market.

Be it life company, bank, debt fund or CMBS, our extensive capital relationships have a major impact on our ability to access the right capital for the deal and negotiate superior terms to satisfy our clients' objectives.

 

© 2018 by Cronheim Mortgage. Proudly created by FedUp Digital.

  • Cronheim Mortgage LinkedIn