News

AREC Closes $25.3MM loan in Indianapolis

23 Sep 2015

AREC has completed a $25.3MM loan for a project at the University of Indianapolis (UINDY).  The University has recently constructed an educational building to house their expanding health care oriented programs.  The four-story building will include office and special purpose space, including faculty and administrative offices, conference rooms, research laboratory spaces, a faculty lounge, rehab gym, science labs, a large lecture hall/ theater, various simulation, computer and clinical lab spaces, a café, some street-level retail spaces, and 7,000 sf subleased to a medical clinic operator (Community Health Network). 

AREC closes $18 million loan on distribution facility in S.C.

30 Apr 2015
American Real Estate Capital of Coral Gables, FL, an affiliated company of Great American Life Insurance Company, has completed an $18,000,000 cash-out refinance of a 313,091 Liquor Distribution center in Ridgeway, SC. The 43-acre property is positioned well for access to major highways and houses a 1 mile conveyor system. American Real Estate Capital was able to work around a significant number of storage tanks and changing ownership structure to deliver a timely closing.