PBS arranged a $3,600,000 loan to refinance a 160 key Best Western located in Bridgeport, West Virginia. Loan proceeds were used to refinance existing 1st and 2nd trust mortgages and elevator repair expenses.

PBS obtained a $5,000,000 refinance and renovation loan secured by a full-service beach resort lodging facility containing 78 units located in Kill Devil Hills, North Carolina. The units are housed in a two-story lodge and an oceanfront tower building. The resort also features a detached indoor pool and restaurant that provides special event catering. Financing is backed by a USDA loan guaranty.

PBS arranged a construction line of credit and mini-perm financing of $2,650,000 for a 25,000 square foot addition to an existing 60,000 square foot flex property under a GSA lease. The project was completed on budget and converted to a fixed rate amortizing mortgage loan at no additional cost to the borrower.

PBS arranged a $15,375,000 fixed rate purchase money mortgage for this Drug Enforcement Agency design-build property consisting of 90,167 net rentable square feet. The property is a Class-A office-flex building located in Lorton, Virginia. PBS worked closely with the buyer’s equity investors to assure a reasonable cash-on-cash return while achieving the lender’s coupon target.

PBS arranged a $1,574,000 commercial mortgage for the acquisition of a two-story plus basement owner occupied office building located in Kensington Maryland. Loan proceeds were used for renovation of the basement space into 95 additional classroom spaces.

This 152 unit apartment community consists of 14 garden style apartment buildings located in southeast Washington DC. PBS structured a $4,000,000 mortgage loan for the acquisition and was able to accommodate the borrower’s need for an immediate turnaround in less than 21 days.

PBS arranged for a $4,000,000 line of credit to refinance existing debt and recapitalized investor debt. This 5-story, 19,260 square foot building contains 10 total units (3 retail and 7 office). The building is in a superior location, one block north of Dupont Circle. The property has been featured in James Goode’s Best Addresses in the Washington DC Metropolitan Area. The credit facility was closed within 45 days of receipt of the initial loan package.

This LEED Silver Certified property consists of 10 office/retail condominium units located in Falls Church Virginia. PBS arranged for a $7,550,000 refinance and cash out financing for the sponsor.

PBS facilitated a $13,700,000 loan facility to refinance a newly constructed 6-story office building with 54,600 square feet of office space and a 77,800 square foot indoor athletic club located in Baltimore MD. PBS also secured an additional $9.7MM in funding for the construction of an adjacent office building.

Upon completion, this structure will be a new class A office building located in Baltimore Maryland. The 45,000 square foot structure (NRA) will include one below and one above grade parking deck and two stories of office space. PBS arranged $9,175,000 in construction financing for the subject property and one year earlier provided $13,700,000 in proceeds to refinance the sponsor's headquarters.

PBS placed a $1,500,000 purchase money mortgage on this single-tenant net leased property. The project was acquired under a wealth management and retirement plan for the borrower’s family and was financed by one of PBS’s participating credit unions.

PBS arranged a $14,050,000 refinance and construction loan of a mixed use property located in the Adams Morgan neighborhood of Washington DC. The developer created a second level atop a Harris Teeter Grocery Store to build 39 residential apartment units.