Metropolitan Capital Advisors, Ltd. in partnership with AMA Financial LLC has arranged both the debt and equity for the acquisition of Northbrook Corporate Center in Trevose, Pennsylvania. MCA and AMA (based in Pennsylvania), both members of the Real Estate Capital Alliance, teamed up to facilitate the financing on behalf of a partnership sponsored by Red River Asset Management. 

Northbrook is a 107,700 square foot Class ‘A’ Office Building located in Trevose, Pennsylvania, which is a suburb just outside of Philadelphia. The business plan is to renew and extend the major tenants, renovate common areas, and lease up the few remaining vacant suites. The acquisition loan was funded by Prime Finance, which included a future funding component to execute the business plan. The equity partner, Advalurem Group, is a NYC based private investment firm focused on “middle market assets”.

Scott Lynn, Founding Principal of MCA, and Gregg Wallace, President of AMA, were responsible for arranging the financing. 

Since 1992, Metropolitan Capital Advisors has closed in excess of $13 billion of debt and equity transactions. National Real Estate Investor Magazine has consistently ranked MCA as one of the top CRE Financial Intermediaries in the US. MCA completed over $400,000,000 of commercial real estate financing during 2016. Collectively the 18 independently owned firms that form RECA financed over $4.0 billion in debt and equity transactions in 2016.

Scott Lynn
972.267.0600
www.metcapital.com
slynn@metcapital.com