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Invesco Closes $252M in California, Texas, DC Loans

Invesco Real Estate recently participated in $252 million of total financings, originating and closing five loans as part of its rapidly expanding commercial real estate lending platform. The loans will fund various initiatives such as value-add renovations, recapitalization, lease-up bridge, and limited development, across Class A assets within the multifamily, office and industrial sectors.

Invesco’s Charlie Rose says, “As we expand Invesco’s footprint as a nimble, creative lender, these recent closings are representative of our capabilities in the bridge lending space.”

The originations include:
– A mezzanine loan as part of the refinancing of 655 Montgomery, a 263,000 square foot Class A office building in San Francisco (pictured), which included future fundings for capital expenditures and leasing costs
– A mezzanine loan to facilitate the recapitalization and lease up of a recently-delivered 142-unit trophy multifamily asset within City Market at O, 880 P Street, in Washington, DC
– A senior loan for the ground-up development of Perris Gateway Commerce Centre, a 400,000-square-foot Class A warehouse and distribution facility in Southern California’s Inland Empire
– A senior loan to finance the acquisition and comprehensive renovation of Blanco Crossing, a 324-unit multifamily property in San Antonio
– A senior loan to finance the acquisition and lease-up of Haven at Westheimer, a newly- constructed 230-unit multifamily in Houston

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
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