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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/

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$22.5MM Permanent Financing for Retail Center at Split Rock, CT



Cronheim Mortgage secured permanent financing totaling $22.5 million for The Center at Split Rock, a neighborhood retail property located in Shelton, Fairfield County, CT. The 10-year loan was structured with a fixed-rate of 4.12%, and amortizes over a 30 year period.

The Subject encompasses 91,197 square feet comprised of several freestanding and multi-tenant buildings on various levels of an upward-sloping, 11.72-acre parcel of land. The property was constructed in 2007 and is 99% leased to over 20 tenants including Walgreens, Outback Steakhouse, Orange Theory Fitness, and Mattress Firm, as well as a mix of local tenants including a spa, frozen yogurt shop, tanning salon, and multiple restaurants.

The Subject's local area is defined as the Bridgeport Avenue commercial corridor that extends to the south from Exit 11 of Route 8 to the north commencing near the downtown area along the Housatonic River. This corridor is the most heavily trafficked in the town and comprises the majority of retail inventory serving the local area.

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