Recent Transactions

  • Fairfax County, VA Retail

    May 2021

    REFINANCE

    SCG arranged a $26,800,000 permanent loan to recapitalize an existing bridge loan for a newly renovated and repositioned big box retail center in Fairfax County, VA.

  • Autumn Ridge Apartments

    April 2021

    RECAPITALIZATION

    SCG arranged $36,000,000 of bank financing for its client to recapitalize a recently developed Class-A multifamily project located in the Lopatcong, NJ. 

  • Austin Development

    January 2021

    ACQUISITION

    Advised family office on acquisition of 250+ developable acres in Austin, TX.

  • Southeast US Multifamily

    January 2021

    ACQUISITION

    SCG arranged $14,000,000 of JV financing for its institutional client to acquire an existing Class-A multifamily project located in the southeast.

  • Liz

    July 2020

    RECAPITALIZATION

    Sapphire Capital Group (“SCG”) arranged $93,000,000 in permanent financing to recapitalize the construction loan for the newly delivered LIZ.

  • 4701 Willard Avenue

    June 2020

    ACQUISITION

    Arranged $90,000,000 in ground lease capital through a private investment group in the form of a 99-year ground lease for the acquisition of a 525-unit multi-family property in Chevy Chase, Maryland. Additionally, the ground lease was structured to assure that 100% of Agency lender requirements were satisfied.

  • 1823 L Street NW

    February 2020

    ACQUISITION

    Arranged $18,000,000 of senior leasehold mortgage debt for the acquisition of 1823 L Street. Sapphire further advised on the restructuring of the existing ground lease as well as on the extended-stay corporate tenant, who will operate the property as a boutique hotel.

  • Grand Reserve

    January 2020

    ACQUISITION

    Arranged $21,000,000 of ground lease capital in connection with the acquisition of Grand Reserve Apartments, a newly completed 290-unit garden apartment community located in Nashville, TN that achieved stabilization in June 2019.

  • San Marco Crossing

    June 2019

    DEVELOPMENT

    Arranged $24,800,000 of opportunity zone capital in connection with the ground-up development of San Marco Crossing, a to-be-built 486-unit market rate rental apartment community located in Jacksonville, FL’s San Marco neighborhood.

  • Millennium Apartments

    March 2019

    ACQUISITION

    Arranged $54,000,000 of ground lease capital and senior secured leasehold financing in connection with the acquisition of Millenium Apartments, a newly completed 298-unit market rate rental apartment community located in Fort Myers, FL.

  • Rosemont Commons

    February 2019

    REFINANCE

    Arranged $49,000,000 of ground lease capital and senior secured leasehold financing in connection with the recapitalization of Rosemont Commons. A 500,000 sqft. super-regional shopping center located in Fairlawn, OH.

  • Annandale Plaza

    August 2018

    REFINANCE

    Arranged $24,000,000 of bridge financing for the Phase I redevelopment of Annandale Plaza, a 116,000 sf. neighborhood center to be repositioned as a specialty retail and entertainment destination located in Annandale, VA.

  • Kiley Apartments

    August 2018

    DEVELOPMENT

    Arranged $30,000,000 of ground lease capital financing for the development of Kiley Apartments, a to-be-built 315-unit luxury rental apartment building located in Washington, D.C.’s Southwest Waterfront.

  • The Crown Multifamily Portfolio

    June 2018

    ACQUISITION

    Sapphire Capital Group arranged $69,997,000 JV, GP Co-investment and senior debt financing for The Crown Multifamily Portfolio, three contiguous value-add multifamily apartment communities consisting of 984-units and 126 two-story buildings located in Charlotte, NC.

  • San Marco Promenade

    May 2018

    DEVELOPMENT

    Arranged JV land acquisition and GP Co-Investment financing for Phase I of San Marco Promenade, a multi-phase, mixed-use development project consisting of 250 luxury rental apartments and an aggregate of up to 520 market-rate rental apartments, ground floor retail, and surface parking located in Jacksonville, FL.

  • Cambria Resort & Conference Center

    February 2018

    DEVELOPMENT

    SCG has arranged $20,800,000 of construction financing in connection with the development of Cambria Resort & Conference Center a to-be-built 133-key hotel & conference center located in Ocean City, MD

  • Children’s National Pediatric Specialty Care Center

    February 2018

    DEVELOPMENT

    SCG has arranged acquisition, development, and permanent financing in connection with the development of Children’s National Pediatric Specialty Care Center a state-of-the-art 60,000 sf. comprehensive pediatric outpatient facility located in Lanham, MD

  • Onyx on First

    January 2018

    ACQUISITION

    SCG has arranged $57,800,000 of JV and ground lease capital in connection with the acquisition of Onyx on First a 266-unit high-rise apartment building located in Washington, D.C.’s Capital Riverfront

  • Andrews Manor

    June 2017

    REFINANCE

    Arranged $20,000,000 of CMBS financing in connection with the refinance of Andrews Manor, a 290,000 sf. community retail center located in Camp Springs, MD.

  • College Suites at Hudson Valley

    2016

    DEVELOPMENT

    Arranged $16,000,000 of construction financing for a to-be-built 268-bed student housing project locating in Troy, NY.

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