top of page
Case Studies
The Complete Life Cycle

Carnegie Capital has experience and expertise across the entire life cycle of commercial real estate assets.  From land loans to permanent financing, from construction to cash out and from bridge to acquisition, JD and David have the tools and the lenders to source and structure the best-fit financing for your project needs.  The below examples offer a glimpse into some of what Carnegie has accomplished to date and can do for your project.

  • LAND LOAN
    Financing Type: Bridge Refinance Asset Type: Land Unit Count: N/A Loan Amount: $930,000 Lender Type: Community Bank State: Virginia Carnegie helped this first-time developer buy out his investor and regain control of the project and its planned development. Carnegie facilitated a quick close with the community bank and simultaneously sourced the construction financing.
  • CONSTRUCTION
    Financing Type: Land Refi & Construction Asset Type: Multifamily Unit Count: 40 Loan Amount: $6,400,000 Lender Type: Bank / Credit Union State: Tennessee Carnegie sourced, structured and closed this 80% LTC construction loan for a multifamily project in the Midsouth and simultaneously closed a 70% LTV cash-out land loan on the adjacent lot to complete the capital stack.
  • BRIDGE UPON C/O
    Financing Type: Bridge Refinance Asset Type: ALF/MC/SNF Unit Count: 115 Loan Amount: $15,330,000 Lender Type: Community Development Fund State: Idaho Carnegie structured this bridge refinance to pay off the maturing construction loan, cover GC overages and replenish reserves. The loan contained an earn-out provision with an option to convert into a min-perm.
  • CASH-OUT REFINANCE
    Financing Type: Mini-Perm Refinance Asset Type: Skilled Nursing Unit Count: 43 Loan Amount: $4,000,000 Lender Type: Bank / Credit Union State: Kansas Carnegie worked with a local bank to provide a cash-out refinance for this family owned and operated skilled nursing facility. The note rate was fixed for this 10-year mini-perm loan.
  • PERMANENT REFINANCE
    Financing Type: Permanent Refinance Asset Type: Skilled Nursing Unit Count: 80 Loan Amount: $5,600,000 Lender Type: HUD State: Illinois Carnegie guided first-time HUD borrowers through processing, appraisal, application, commitment and rate lock to secure long-term, fixed-rate, non-recourse, self-amortizing financing. The loan was structured to enable the future expansion of the facility on its neighboring parcel.
  • ACQUISITION
    Financing Type: Acquisition - Rehab Asset Type: Assisted Living & Memory Care Unit Count: 379 Loan Amount: $18,580,000 Lender Type: Community Development Fund States: Oregon and Washington Carnegie closed on this portfolio acquisition of eight under-performing, scattered-site assets. The loan was 73% of total costs including funds for rehab. This note carries an interest only fixed-rate with an option to convert to a mini-perm upon stabilization.
bottom of page