Oversaw a total deal volume of $141 million during 2022
Closed on 20 financial transactions
Mike Dolan is a Vice President with TIAA Bank, where he operates in the Southwest/Phoenix region. Over the course of 2022, Dolan completed 20 translations totaling more than $141 million. These deals originated from 12 unique brokerage houses across four separate states. Dolan financed a wide array of assets, including multifamily, student housing, retail, office and self-storage. Loan purposes included construction take out, acquisition financing and cash-out refinancing.
One notable transaction involved a $15-million cash-out refinance for a self-storage asset with full term interest-only for 10 years. This enabled the client to extract funds for additional real estate investment while maximizing cash flow from the existing asset.
Another highlighted deal involved a $12.7-million construction take out of a recently completed medical office building, where funding was provided prior to the property being fully occupied and tenants open for business.
These are some of the reasons we selected Mike Dolan for inclusion in the 2023 Connect CRE Top Mortgage Brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest commercial real estate finance standards.
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