Polaris Investments
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With its exclusive co-sponsor, Polaris Investments recently acquired a second industrial property in Holyoke, Massachusetts. The transaction consists in the acquisition and stabilisation of a circa 100,000 sqft industrial real estate. At time of the purchase, the property is fully vacant and the value-add comes from finding suitable tenants in order to eventually ...
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With its exclusive co-sponsor, Polaris Investments recently acquired an industrial property in Holyoke, Massachusetts. The transaction consists in the acquisition and stabilisation of a 110,000 sqft industrial real estate. At inception, the property is already 70% NNN-leased, and the anchor tenant is a fast-growing company listed in the NYSE. Polaris Investments structured and ...
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Polaris Investments has recently underwritten the investment into a convertible note for this project in Pelham. The developer, a long-term relationship of Polaris Investments, used the proceeds to acquire this commercial property composed of 5 retail spaces currently all leased. The project consists in developing 4-storey, 28-unit residential condominium above the retail section. Polaris ...
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Polaris Investments has recently underwritten a bridge financing facility for this project in the heart of Yonkers. The developer, a long-term relationship of Polaris Investments, used the proceeds to acquire this warehouse which will be repositioned into a mix-use of retail, co-working and office space. Polaris Investments was pleased to fill the financing gap while the asset is being ...
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Polaris Investments has partnered up with this experienced developer and owner operator and has structured a mezzanine loan financing for an adaptive reuse of a property located in Charlotte, NC. The property consists of 5 buildings and approximately 42,000 GSF. The GP-Sponsor will rezone the property to mixed-use, which will take approximately 6 months. The mezzanine loan financing serves for ...
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Polaris Investments has recently launched a new line of business that consists of short-term, asset-backed capital lending to acquire properties in semi-distressed situations. The strategy with these assets is to buy them at a discount to market prices and flip them shortly after purchase. The developer who secures the transaction will use the proceeds of the loan to buy the asset and at times ...
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Polaris Investments was able to offer a bridge financing deal with a purchase option on a unit of this HFZ Capital development in Midtown Manhattan. Thanks to its special relationship with the prominent Manhattan-based developer, Polaris Investments structured a short-term loan for bridge financing purpose yielding double digit return to investors with upside upon the sale of the underlying ...
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