The transaction involves three properties located in Texas: Epic Office I situated at 2555 Pacific Avenue in Dallas, The Colonnade located at 9901 Interstate 10 West in San Antonio, and The Woodmeade multifamily property at 3801-3929 Block Drive in Irving. The deal secured a senior loan amount of $115 million, with the types of assets categorized as office and multifamily within the Dallas, San Antonio, and Irving markets.

Summary of transaction details:

• Property Type: Office & Multifamily
• Transaction Amount: $115,000,000
• Lender: Reznik Paz Nevo Trusts
• Landlord: Westdale Properties America
• Broker: Amir Giryes - Giryes Capital Group
• Loan Terms: 5-year, fixed-rate

The financing for this transaction was arranged by Amir Giryes representing Giryes Capital Group, along with Pando Cos. The arrangement comes in the context of increasing office loan defaults and delinquencies, highlighting a pivotal moment ahead of significant office loans maturing by 2026.