Basis Investment Group (www.basisinvgroup.com) has provided $24.8 million in mezzanine and preferred equity investments for the recapitalization or acquisition of four properties estimated to be worth $170 million in a joint venture with Artemis Real Estate Partners.
BIG News
Wells Fargo and Bank of America have launched a $735.9 million CMBS transaction, marking the sixth conduit of the year.
Basis Investment Group recently closed a $12.375 million fixed rate mortgage on a retail property located in New York City.
Basis Investment Group has recently rolled out a senior mortgage lending program that provides higher leverage than what is currently available in the marketplace.
In October 2009, Basis Capital Partners I, L.P. (“Basis Capital”) was approved as an eligible borrower under the Term Asset-Backed Loan Facility (“TALF”).