Summer Street Advisors, LLC Completes Over $164 Million CRE Investment Engagements
Advisory firm fills strategic financial assessment role
Westport, CT (July 6, 2016) – Summer Street Advisors, LLC (“SSA”) announced the recent completion of several commercial real estate investment transactions performing high level advisory services including: Underwriting and Analysis, Cash Flow Modeling and Due Diligence, Debt Structure Validation, Credit Review, Asset Valuation and Market Analysis.
SSA’s senior executive team advised on the $95 million acquisition/renovation financing for an iconic 1920’s apartment complex seeking first mortgage and mezzanine loans. In a separate engagement, SSA lent its expertise on a refinancing and lease-up deal for a client’s $50 million participation in a $700 million first mortgage and mezzanine loan for a historic NYC office building. Other deals included a $9 million loan on loan for an Ohio garden apartment complex and a $10 million warehouse line first mortgage loan collateral for a California office building.
“Summer Street Advisors was selected given our core competencies and proven track record,” stated Jack Mullen, Founder and Managing Director. “In each of the deals, SSA was an integral part of the successful execution and outcome,” continued Mullen.
For more information about Summer Street Advisors, LLC, please contact Jack Mullen, Founder and Managing Director, at 203-293-4844.
About Summer Street Advisors, LLC
Summer Street Advisors, LLC (SSA) is a commercial real estate advisory services firm founded by Risk Management alumni of GE Capital Real Estate. SSA offers a rigorous Risk Management philosophy and approach in providing strategic advisory services to loan sellers, B piece buyers, distressed mortgage investors, servicers and banks across all commercial real estate assets. The SSA team has over 100 years combined CRE experience and possesses diverse institutional and entrepreneurial backgrounds, including valuation, underwriting and credit analysis, mergers and acquisitions, risk management, distressed debt advisory due diligence, asset management, and management consulting. For additional information about the company, contact Jack Mullen at 203-293-4844 or visit summerstreetre.com.