Capital Advisory
MacKenzie Capital Secures Historically Low Rate Refinancing
MacKenzie Capital, LLC is pleased to announce they have secured refinancing for two medical office buildings totaling 89,000 square feet, one located in Baltimore County and one in Harford County. The two loans totaling approximately $17 million were fixed for 10 years, both with rates under 2.30%. MacKenzie Capital President John Black and Vice President…
Read MoreFinding the Needle in a Capital Haystack: Capital Markets Push Forward Amidst COVID-19
It seems like yesterday when the world pushed a giant pause button. Three months ago, mass uncertainty fell across the world causing worry of what was to come. Like many, Capital Markets and the commercial real estate financing segment immediately clamped down as uncertainty hit. Brakes were applied to many transactions; there were fewer players…
Read MoreMacKenzie Capital’s COVID Closings Surpass $47 Million
MacKenzie Capital, LLC is pleased to announce they have secured more than $47 million in project financing totaling 450,000 square feet in the past three months. Transactions spanned multiple asset classes including retail, mixed-use, office, and land development. Finance activity for these assignments involved acquisition, refinancing, and construction/interim financing. MacKenzie Capital President John Black and…
Read MoreMacKenzie Platform Facilitates Sale, Financing, Leasing and Management Assignment
MacKenzie Commercial Real Estate Services, LLC is pleased to announce the recent sale of Emmorton Professional Center in Harford County, Maryland. Located at 2107-2109 Laurel Bush Road in Bel Air, the 35,259 square foot office building was 92% leased at time of sale and includes a mix of government, national credit, and local tenants. The…
Read MoreMacKenzie Capital Secures $52 Million in Financing in Maryland, Virginia, and North Carolina
MacKenzie Capital, LLC is pleased to announce they secured nearly $52 million in project financing in Maryland, Virginia, and North Carolina during the 4th Quarter 2019. Assignments spanned multiple asset classes and included an office building, apartment complex, mixed-use project, boutique hotel, and a soft-branded hotel with marina. Finance activity for the assignments involved acquisition…
Read MoreMacKenzie Capital Secures Cash Out Non-Recourse Financing in Frederick, MD
John Black, Will Goetschius, and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured $6.6 million in non-recourse financing to recapitalize an office building in Frederick, Maryland. The transaction refinanced existing debt and secured significant cash out proceeds to the sponsorship. The lender and the sponsorship were able to negotiate minimal…
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