Highland Realty Capital, Inc.

John Manning, Principal with Highland Realty Capital, was recently quoted in a San Francisco Business Times piece. The article discusses how condominium development financing has changed and how those changes have negatively impacted the feasibility of constructing new projects.

San Mateo-based G.W. Williams Co recapitalized a four-property, 600-unit portfolio in the Sacramento and Silicon Valley regions. The $39 mil transaction was actually a fixed-rate refinancing of select properties within a larger, existing Freddie Mac Facility.

Developer Northgate Crossing LLC has obtained a $26.5 million land development loan for its Northgate Crossing retail project in Indio, CA. The Northgate financing was arranged by Los Angeles-based Highland Realty Capital on behalf of Northgate Crossing LLC.

Although the continued turmoil in the capital markets has made it more challenging to close deals, some real estate financing firms have thrived in this difficult time. One firm, Highland Realty Capital, finished the first half of 2008 with $373.2 mil in debt and equity financings.

Click here for entire article: Highland Realty Capital Thrives in Tough Times

Highland Realty Capital, Inc. arranged $32,650,000 in bridge financing for the acquisition of Pacific Pointe, a 120-unit apartment complex in Norwalk, CA and Brookside Industrial Portfolio, a 261,000 sq ft multi-tenant flex-industrial park in Reno, NV. The sponsor is Los Angeles based Chesapeake Real Estate Value Investors.

Highland Realty Capital Secures $18,970,000 in Financing for Two Industrial Building Acquisitions in Los Angeles

Tuesday, April 8, 2008

By Bob Howard

Highland Realty Capital, Inc. arranged $18,970,000 in permanent financing for Raleigh Enterprises to acquire two industrial buildings in Los Angeles. Located in the Commerce and Sylmar submarkets of Los Angeles, the properties are comprised of over 200,000 square feet of leasable space. Both transactions were closed with the same lender.

According to Brad Sevier of Highland Realty Capital, "Both transactions were unique in that we were able to secure high loan to cost ratios, particularly given the fact they closed during tumultuous times in the capital markets. We certainly had to overcome a number of challenging issues during the closing process, but in the end the strong sponsorship and quality real estate enabled us to get the loans closed."

Click here for entire article: Commerce & Sylmar

By Daniel Miller

Mike Guterman, Principal with Highland Realty Capital, was recently quoted in a Los Angeles Business Journal piece. The front-page article, which appears in the February 4-10, 2008 issue, explores the health of the Downtown L.A. real estate market and the effects that the continued "credit crunch" has had on several projects.

Highland Realty Capital Arranges $182,000,000 in Debt and Equity Financing for San Francisco Office Portfolio

Thursday, January 31, 2008
By RENTV.com

Highland has successfully secured $50 million of joint-venture equity and $132 million of bridge debt financing for the acquisition of the California State Automobile Association (AAA) office portfolio located in San Francisco. The portfolio includes four buildings totaling 597,000 square feet that are positioned on approximately 68,000 square feet of land on Van Ness and Hayes Street in San Francisco’s Civic Center Submarket.

Click here for entire article: CSAA Portfolio

Highland Realty Capital Secures $13,780,000 in Mezzanine Debt for Residential Development in Sonoma County, CA

Tuesday, January 29, 2008
By RENTV.com

Highland Realty Capital, Inc. arranged $13,780,000 in mezzanine debt for the development of Windsor Mill, a 200 unit residential project located in the City of Windsor, Sonoma County, California. Situated on nearly 20 acres, Windsor Mill will include one, two and three bedroom condominiums, live-work townhomes and a variety of single-family detached homes surrounding a new public park.

The Sponsor is a joint venture entity between Norby Development, LLC, North Bay Construction, Inc. and Community Builders, LLC. Norby Construction specializes in residential and commercial construction and is consistently one of the top commercial builders in Sonoma County.

Click here for entire article: Windsor Mill

Highland Realty Capital Secures $51,100,000 in Debt and Equity Financing for Properties in Atlanta, GA

Highland Realty Capital, Inc. ("HRC") arranged $35,000,000 in bridge financing and $16,100,000 in joint venture equity for the acquisition of two multifamily properties, comprising 792 units, in two Atlanta, GA submarkets. HRC sourced a life company who funded the transaction through an on-book program. A private equity fund based in the Midwest provided 90% of the required equity as part of a larger equity facility, allowing the Borrower to access additional capital for future projects.

Highland Realty Capital Secures $48 Million Bridge Loan for Sacramento Retail Buy

Monday, December 3, 2007

Wrightwood Capital has provided $48.1 mil to finance the acquisition of Southgate Plaza, a 350k sf community retail center in Sacramento. The property covers about 42 acres of land at the southwest corner of Florin Rd and Franklin Blvd.

The opportunity was sourced through John Manning of Highland Realty Capital and represents the first transaction between Wrightwood Capital and Hill Companies, a Denver-based investment company.

By Bob Howard

Highland Realty Capital secured a $19.6 million construction loan for the Los Angeles-based Borman Group from a San Francisco-based bank to finance the 39-unit Barn Lofts condominium project. The loan will provide 75% loan-to-cost financing which will convert a former sugar warehouse at 940 E. Second St. into live/work lofts.

Thursday, January 25, 2007
By RENTV.com

California-based Highland Realty Capital (HRC) closed out 2006 with three transactions, totaling $38 mil, during the last week of the year. In the largest of the three deals, HRC arranged $15.4 mil for the acquisition of two apartment buildings, totaling 141 units, in the LA area.

HRC also secured an $11.75 mil land loan for LA-based Irongate Partner’s acquisition of 65.8 acres in Kapolei, Oahu to be entitled and developed into a business park containing 103 industrial lots.

And in the third deal, HRC arranged $10.9 mil in financing for a single-tenant Shoe Pavilion property on Sepulveda Blvd in West Los Angeles.

Click here for entire article: Year-end 2006 Closings

Wednesday, December 27, 2006
By Brian Miller

A City-Core Development affiliate has refinanced 1900 Bryant St. The transaction increased loan proceeds from the mixed-use former Best Foods Mayonnaise factory while substantially lowering its interest rate.

GlobeSt.com - Friday, December 8, 2006

Highland Realty Capital Adds Two New Partners

Friday, December 8, 2006
By Brian Miller

Jeffery Eliason and John Manning, two of Buchanan Street Partner's primary originators for Northern California, have left the firm to become partners of Highland Realty Capital, Inc.

Click here for entire article: New Partners

GlobeSt.com - August 21, 2006

Highland Realty Capital arranges financing for Peloton, a $151-million mixed-use project in Boulder, CO

Monday, August 21, 2006
By Daniel Williams

The construction financing and joint venture equity for the $151-million mixed-use development was arranged by Highland Realty Capital of El Segundo. The project will include 390 residential units and 17,000 sf of ground-floor commercial space.

Click here for entire article: Peloton

GlobeSt.com - Thursday, March 23, 2006

Highland Realty Capital secures financing for Grocery-Anchored Center in Fontana, CA

Thursday, March 23, 2006
By Brian Miller

Empire Commercial has secured a new $19-million loan to take out construction financing on the Ontario-based developer's 88,200-sf Sierra Crossroads retail center, according to Highland Realty Capital. Highland arranged the 75%-loan-to-value permanent financing for the center at the corner of Sierra and Jurupa avenues, which is anchored by a Stater Bros. supermarket.

Click here for entire article: Sierra Crossroads

GlobeSt.com - Tuesday, March 14, 2006

Highland Realty Capital secures financing for 300-unit condo-hotel in Mammoth Lakes, CA

Tuesday, March 14, 2006
By Brian Miller

The acquisition and re-entitlement is being funded with a $16.5-million, 65% loan-to-value financing arranged by Highland Realty Capital of El Segundo.

Click here for entire article: Mammoth Lakes

GlobeSt.com - Wednesday, December 14, 2005

Former Buchanan Partners Launch Highland Realty Capital

Wednesday, December 14, 2005
By Bob Howard

Principals Brad Sevier and Mike Guterman launch the financing firm and line up $600 million in transactions slated to close by the end of 2005.

Click here for entire article: Highland Realty Capital