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Capstone News

Company Headlines
Capstone's Servicer Rank Raised to Above Average
Standard & Poor's Servicer Evaluation ranks Capstone Realty Advisors, LLC (Capstone) as ABOVE AVERAGE for management and organization, and loan administration as a primary servicer
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Capstone Ranks A Top Servicer by Freddie Mac
Capstone Ranks One of The Top Rated Servicers By Freddie Mac
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Servicing Management Magazine
Capstone featured in "Servicing Management Magazine" for our state-of-the-art technology that helps lighten the paper load - read more

Standard & Poor's Servicer Evaluation
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Current Capstone Deals - see all

Columbus: Capstone closed a $31,500,000 refinancing of an existing PPM loan for Crowne Plaza Hotel in Columbus, Ohio. The floating rate deal consisted of an initial funding of $24,000,000 with a $7,500,000 "renovation holdback" that can be drawn upon as renovation work is completed.


Cleveland: Capstone closed Hunter's Manor Apartments with Allstate Life Insurance Company. This Georgian designed apartment complex in Middleburg Heights, Ohio has a total of 192 units. The $9,825,000 loan has a 10-year term and 30-year amortization.


Cleveland: Capstone closed a $3,000,000 loan for Beta Business Mall, a 58,003 square foot office/warehouse property in Mayfield Village, Ohio. Sun Life Assurance Company of Canada funded the loan with a 5-year term and 22-year amortization.


Louisville: Greg Solomos closed a $4.3 Million loan for Prescotech Industries, involving three industrial buildings located in Louisville, Evansville, IN and Murfreesboro, TN. Sun Life provided the loan at 6.24% with an eight year term and 18 year amortization. National City Bank provided the interim financing and Capstone placed the permanent loan.

Capstone Lenders
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Capstone Today  
 
Capstone Realty Advisors is an approved Freddie Mac Program Plus Seller/Servicer, an FHA approved mortgagee and GNMA issuer, an approved lender with the U.S. Department of Agriculture (USDA) Rural Housing Service (RHS) Program, and also represents multiple institutional investors who serve as lending sources for income-producing commercial real estate.

 

 

 

Capstone is part of The PNC Financial Services Group, Inc. www.pnc.com, one of the nation's largest diversified financial services organizations providing retail and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.


 

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