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Financial Plaza

Financial Plaza OFFICE PROPERTY: OMAHA,NE Property Highlights NOTES 81% occupied Class B multi-tenant office building Hightly visible landmark office building located at prestigious 90th and Dodge Street address Dodge Street has the highest traffic counts statewide – over 100,000 VPD Property includes underground parking garage with 43 stalls, one of only three buildings in the…

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Legacy Village

Legacy Village retail property: Omaha NE Property Highlights NOTES 95% occupied Class A multi-tenant shopping center Historically well-leased center with strong remaining lease terms, including Natural Grocers through 2028 One-mile median household income over $150,000 Located opposite Bakers Supermarket (Kroger) and Super Target; Walmart and Lowe’s located one-quarter mile to the west Assumable non-recourse loan…

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Empire Spectrum I & II

Empire Spectrum I & II Industrial/Flex: Omaha,NE Property Highlights NOTES Property suffered from a lack of capital Yield Maintenance fee required assumption of life company loan Current debt balance required a debt|equity ratio of 61% Purchaser’s 1031 exchange required a short due diligence and loan assumption period Purchase and Sale Agreement required lease execution with…

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North Park Buildings 7 & 8

North Park Buildings 7 & 8 Office Property: Omaha, NE Property Highlights NOTES • 100% leased, well maintained multi-tenant suburban office buildings • Impressive set of high-quality, credit worthy tenants including UnitedHealthcare, NEI and AAA • Buildings have large, open functional floor plates • The property is located in a well-conceived office park designed specifically…

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Stateline Station

Stateline Station RETAIL PROPERTY: KANSAS CITY, MO Property Highlights NOTES Center purchased out of foreclosure and had been neglected by ownership Incomplete and in some cases conflicting records Lender required quick close as a condition of sale Complex co-tenancy and default issues Termination notice received by significant tenant three weeks prior to closing Property Overview…

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West Glen Town Center

West Glen Town Center MIXED USE PROPERTY: DES MOINES, IA Property Highlights NOTES Property in receivership, with separate receivers for each of the two phases Commercial and office space only 60% occupied, with rents far below original projections and many non-performing tenants Gap between current market value and initial construction cost of approximately $100 million…

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