Madderra & Cazalot | Real Estate Loan Professionals

The Haven at Windermere

 

 

 

Mansions at Ivy Lake

 

 

 

Camden Lake Apartments

 

 

 

Parkside Apartments

 

 

 

Ivy Park Apartments

 

 

 

Hamptons at Greenridge

 

 

 

Country Place Village

 

 

 

Highland Club Apartments

Madderra & Cazalot arranged a $12,441,000 refinance of the Highland Club Apartments.

 

 

Saratoga

Madderra & Cazalot arranged a $21,586,800 construction/permanent loan for the conversion of a New Orleans historic office building into luxury apartments.

 

 

 

National Rice Mill Lofts

 

 

 

Ole Towne London

Refinance of garden apartments originally built in the early 1980's.

 

Chapel Creek Apartments

Construction/Permanent loan for new luxury apartments.

 

Cypress Run Apartments

Refinance of garden apartments original built in 1984.

 

Acadian Place

Acquisition of garden apartments originally built in 1975. Loan is non-recourse with 10 year term and 30 year amortization.

 

The Maritime

Conversion of office building high rise into luxury apartments.

 

Gretna Park Apartments

 

 

Relais Esplanade

Refinance of well maintained 20 year old asset with strong sponsorship and management.

 

Country Place Village

Existing 65 bed assisted living facility in Kilgore, Texas

 

Parkside Apartments

This is the first significant new apartment construction in the high growth area of Zachary north of Baton Rouge.

 

 

Grace House Apartments

Existing 32 bed assisted living facility in Austin, Texas. Financed using HUD 232/223(f).

 

DH Holmes Apartments

Refinance of existing 87 unit project located in the French Quarter of New Orleans.

 

Cotton Mill Condos

Joint venture to transition existing apartment complex to for-sale condos. Project was sold out in less than 12 months.

 

Recent Deals

2011 Closings | 2010 Closings | 2009 Closings | 2008 Closings

Property Name:	The Haven at Windermere
Location:	Baton Rouge, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	November, 2011
Loan Amount:	$7,505,500
No. of Units:	107 units
Financed by:	Prudential Mortgage, Inc.
Program Used:	Refinancing using HUD/232/223(a)(7) Seniors Existing bed assisted living facility in Baton Rouge, Louisiana
Synopsis:

Property Name:	Mansions at Ivy Lake
Location:	Gonzales, Ascension Parish, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	December, 2011
Loan Amount:	$27,829,700
No. of Units:	240 units
Financed by:	Prudential Mortgage, Inc.
Program Used:	Refinancing using HUD 223(a)(7)
Synopsis:	Madderra & Cazalot arranged refinancing of a 5 year old class A asset in the high growth area of Ascension Parish.

Property Name:	Camden Lake Apartments
Location:	Baton Rouge, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	November, 2011
Loan Amount:	$21,912,100
No. of Units:	240 units
Financed by:	Dougherty Mortgage
Program Used:	Refinancing using HUD 223(a)(7)
Synopsis:	Madderra & Cazalot arranged a refinance to significantly reduce the interest rate on this 3 year old property.

Property Name:	Parkside Apartments
Location:	Zachary, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	December, 2011
Loan Amount:	$28,589,860
No. of Units:	260 units
Financed by:	Dougherty Mortgage
Program Used:	Refinancing using HUD 223(a)(7)
Synopsis:	Madderra & Cazalot arranged a refinance to significantly reduce the interest rate on this 3 year old property.

Property Name:	Ivy Park Apartments
Location:	Baton Rouge, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	February, 2011
Loan Amount:	$23,502,300
No. of Units:	268 units
Financed by:	Dougherty Mortgage
Program Used:	Refinancing using HUD 223(a)(7)
Synopsis:	Madderra & Cazalot arranged a refinance to significantly reduce the interest rate on this 4 year old property.

Property Name:	Hamptons at Greenridge
Location:	Tyler, Texas
Loan Originator:	Ron Cazalot
Date Closed:	November, 2011
Loan Amount:	$ 9,382,200
No. of Units:	116 units
Financed by:	Dougherty Mortgage
Program Used:	Refinancing using HUD 223(a)(7)
Synopsis:

Property Name:	Country Place Village
Location:	Kilgore, Texas
Loan Originator:	Ron Cazalot
Date Closed:	January, 2012
Loan Amount:	$ 4,738,060
No. of Units:	67 units
Financed by:	Dougherty Mortgage
Program Used:	Refinancing using HUD 223(a)(7)
Synopsis:

Property Name:	Highland Club
Location:	Baton Rouge, LA
Loan Originator:	Mark Madderra
Date Closed:	March, 2010
Loan Amount:	$12,441,000
No. of Units:	216 Units
Financed by:	Dougherty Mortgage
Program Used:	Refinancing using HUD 223(a)7
Synopsis:	Madderra & Cazalot arranged a $12,441,000 refinance of the Highland Club Apartments located in Baton Rouge, Louisiana using HUD’s 223(a)7 financing.

Property Name:	Saratoga
Location:	New Orleans, Louisiana – CBD
Loan Originator:	Mark Madderra
Date Closed:	March, 2010
Loan Amount:	$21,586,800
No. of Units:	151 Units
Financed by:	Prudential Huntoon Paige
Program Used:	HUD Section 220
Synopsis:	Madderra & Cazalot arranged a $21,586,800 construction/permanent loan for the conversion of a New Orleans historic office building into luxury apartments. Saratoga is located in the New Orleans Central Business District and was financed using the HUD Section 220 program and Historic Tax Credits.

Property Name:	National Rice Mill Lofts
Location:	New Orleans, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	March, 2010
Loan Amount:	$14,199,300
No. of Units:	69 Units
Financed by:	Berkadia Commercial Mortgage
Program Used:	HUD 221(d)4
Synopsis:	Construction and permanent financing arranged for conversion of New Orleans building high rise into luxury apartments using 221(d)4 program in association with both Historic and New Market Tax Credits.

Property Name:	Ole London Towne
Location:	Baton Rouge, LA
Loan Originator:	Mark Madderra
Date Closed:	January, 2009
Loan Amount:	$16,000,000
No. of Units:	372 Units
Financed by:	Prudential Mortgage, Inc.
Program Used:	Fannie Mae DUS
Synopsis:	Refinance of garden apartments originally built in the early 1980′s. Loan is non-recourse with 10 year term and 30 year amortization.

Property Name:	Chapel Creek Apartment
Location:	Mandeville, LA
Loan Originator:	Mark Madderra
Date Closed:	April, 2009
Loan Amount:	$20,914,900
No. of Units:	168 Units
Financed by:	Doughtery Mortgage
Program Used:	HUD 221(d)4
Synopsis:	Construction/Permanent loan for new luxury apartment complex located on Highway 22 near Beau Chene.

Property Name:	Cypress Run
Location:	New Orleans, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	April, 2009
Loan Amount:	$4,000,000
No. of Units:	220 Units
Financed by:	Greystone Servicing Corporation, Inc.
Program Used:	Fannie Mae Dus
Synopsis:	Refinance of garden apartments original built in 1984. Loan is non-recourse with a 10 year term and 30 year amortization.

Property Name:	Acadian Place
Location:	Baton Rouge, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	May, 2009
Loan Amount:	$4,468,000
No. of Units:	120 Units
Financed by:	Greystone
Program Used:	Fannie Mae DUS
Synopsis:	Acquisition of garden apartments originally built in 1975. Loan is non-recourse with 10 year term and 30 year amortization.

Property Name:	The Maritime
Location:	New Orleans, LA – CBD
Loan Originator:	Mark Madderra
Date Closed:	September, 2009
Loan Amount:	$16,565,900
No. of Units:	105 Units
Financed by:	Dougherty Mortgage
Program Used:	HUD 221(d)4
Synopsis:	Construction and permanent financing arranged for conversion of New Orleans’ first office building high rise into luxury apartments using the 221(d)4 Program in association with both Historic and New Market Tax Credits.

Property Name:	Gretna Park Apartments
Location:	Gretna, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	September, 2009
Loan Amount:	$8,640,000
No. of Units:	203 Units
Financed by:	Greystone
Program Used:	HUD 223(f)
Synopsis:	35 year fixed rate non-recourse financing of a 30 year old garden apartment property which was recently renovated.

Property Name:	Relais Esplanade
Location:	Kenner, LA
Loan Originator:	Mark Madderra
Date Closed:	March, 2008
Loan Amount:	$15,000,000
No. of Units:	336 Units
Financed by:	Prudential Multifamily Mortgage, Inc.
Program Used:	Fixed Rate Fannie Mae MBS/DUS Loan
Synopsis:	Refinance of well maintained 20 year old asset with strong sponsorship and management.

Property Name:	Country Place Village
Location:	Kilgore, TX
Loan Originator:	Ron Cazalot
Date Closed:	March, 2008
Loan Amount:	$4,697,500
No. of Units:	65 Units
Financed by:	Doughtery Mortgage
Program Used:	HUD 232/223f (Seniors)
Synopsis:	Existing 65 bed assisted living facility in Kilgore, Texas

Property Name:	Parkside Apartments
Location:	Zachary, Louisiana
Loan Originator:	Mark Madderra
Date Closed:	April, 2008
Loan Amount:	$29,028,400
No. of Units:	260 Units
Financed by:	Doughtery Mortgage
Program Used:	HUD 221(d)4
Synopsis:	This is the first significant new apartment construction in the high growth area of Zachary north of Baton Rouge.  Strong sponsorship includes experienced FHA developer, professional management and award winning architecture.

Property Name:	Grace House Apartments
Location:	Austin, Texas
Loan Originator:	Ron Cazalot
Date Closed:	August, 2008
Loan Amount:	$3,778,800
No. of Units:	32 Units
Financed by:	Doughtery Mortgage
Program Used:	HUD 232/223(f) (Seniors)
Synopsis:	Existing 32 bed assisted living facility in Austin, Texas.

Property Name:	DH Holmes Apartments
Location:	New Orleans
Loan Originator:	Ron Cazalot and Mark Madderra
Date Closed:	November, 2008
Loan Amount:	$6,250,000
No. of Units:	87 Units
Financed by:	Wells Fargo
Program Used:	Fannie Mae DUS
Synopsis:	Refinance of existing 87 unit project located in the French Quarter of New Orleans.

Property Name:	Cotton Mill Apartments
Location:	New Orleans, Louisiana
Loan Originator:	Ron Cazalot
Date Closed:	January, 2008
Loan Amount:	$26,000,000
No. of Units:	269 Units
Financed by:	Prudential Real Estate Investors
Program Used:	Joint Venture
Synopsis:	Joint venture to transition existing apartment complex to for-sale condos.  Project was sold out in less than 12 months.