Issue link: https://read.dmtmag.com/i/672763
MAY 2016 15 THE JOURNAL R E C E N T C L O S I N G S $34,000,000 Suburban Chicago, non-recourse Bridge Loan with earnout. $11,500,000 Des Moines, Iowa. 4 park portfolio. Regional bank lender RQD\HDUƓ[HGUDWHRIMXVWRYHU. $6,000,000 Cedar Rapids, Iowa was IXQGHGIRU)LYH6HDVRQV0+3 $6,300,0005HQWDO+RPH3RUWIROLR KRPHV\HDUWHUP Drastic New CMBS Market Rules are Coming! Close Your CMBS Loan This Summer! By the end of this year new CMBS rules will curtail your access to new loans and WKHFXUUHQWIDYRUDEOHPDUNHWLQWHUHVWUDWHV:HDUH\RXUƓQDQFHH[SHUWVFRQWDFWXV LPPHGLDWHO\WRORFNLQ\RXUIDYRUDEOHUDWHVDQGWRHQVXUHWKDWWKHVHƓQDQFLDO LQVWUXPHQWVZLOOEHDYDLOEOHWR\RXWE CLOSE LOANS! ABOUT MAVERICK 0DYHULFN &RPPHUFLDO 0RUWJDJH ,QF DUUDQJHV D ZLGH YDULHW\ RI FRPPHUFLDOUHDOHVWDWHORDQVUDQJLQJIURPWR IRULWVPLGGOHPDUNHWUHDOHVWDWHGHYHORSHUDQGLQYHVWRUFOLHQWV $1M+ MHP Loans Acquisition Loans 5HƓQDQFLQJ/RDQV Finance Co. Loans $SDUWPHQWV Industrial Bridge Loans )L[HG/RDQV Mezzanine Loans 2IƓFH Self-Storage 0L[HG8VH :HƓQDQFHDOOSURSHUW\W\SHV Please contact Ben Kadish at 312-268-6000, 312-953-4344, or at ben.kadish@mavcm.com No. 9 on Get It Quick Page Guerdon Modular Buildings has won five awards in Modular Building Institute's (MBI) Awards of Distinction competition at the 2016 World of Modular Conference in San Diego, Calif. The annual event showcases the modular construction industry's best work, and rewards projects that demonstrate architectural excel- lence, technical innovation, cost effectiveness, energy efficiency, and calendar days to com- plete. Four of Guerdon's five awards were given to projects based in Yellowstone National Park. "Many of the challenges that face construc- tion today – finding skilled labor, maintaining quality, speed-to-market, mitigating risk – can be overcome with modular technology," said Lad Dawson, CEO of Guerdon Modular Build- ings. "The diverse range of projects entered in this year's Awards of Distinction demonstrate that modular construction can be a solution for almost any type of build. The increasing adop- tion of the modular process across the U.S. is a testament to the success of the entire industry." Guerdon received the following Awards of Distinction: · Judge's Choice, given to the highest scor- ing of all the entries, was awarded to Guerdon's Canyon Lodges project · First Place for Permanent Commercial Housing was given to Guerdon's Canyon Lodges project. · First Place for Green Building was awarded to Guerdon's Paintbrush Employee Residence project. · Best of Show for Green Building was awarded to Guerdon's Paintbrush Employee Residence project at Old Faithful. · First Place for Relocatable Commercial Housing was awarded to Guerdon, in partner- ship with Williams Scotsman, for Stayover™ Cheecham Lodge. Guerdon is the leading manufacturer of large- scale, complex modular construction projects and modular multi-family housing developments in the western United States and Canada. Guerdon's innovative modular construction technology reduces build time and construction impacts while delivering significant improve- ments in quality, energy efficiency, noise re- duction and cost-effectiveness when compared to on-site building methods. Guerdon's con- struction experience, engineering, design ex- pertise and manufacturing capacity is unrivaled in the industry. For more information, please visit www.guerdon.com. Guerdon Wins Big at MBI's World of Modular Conference Next Month -- New Homes Edition This issue will feature new homes from Manufactured & Modular Manufacturers. Call 706-655-2333 or e-mail news@journalmfdhousing.com for more information.