Opportunistic Done Deals
Please note: The deals highlighted below do not reflect the complete opportunistic funding portfolio of B.E. Lending.
Thomas Jefferson Tower
Restored Historic Building
The Thomas Jefferson Tower, most commonly known as the TJ Tower, is a 20-story mixed-use development located in the heart of Birmingham, Alabama. The loan was cross-collateralized across seven properties in four states. Our company financed the remaining construction and rehabilitation costs of TJ Tower; today, an apartment complex complete with a highly-rated restaurant. A little history - The grandiose building opened its doors in 1929 as the Thomas Jefferson Hotel, one of the finest hotels in America at the time. After getting hit with a couple major fires and a struggling economy, the hotel had to close its doors in 1983. A couple attempts were unsuccessfully made to revive the building in 2005 and 2012. Its final attempt began in 2013, with B.E. Lending stepping in to finance the final phase of the renovation in 2016. We're proud to have been a part of this historic revival.
www.tjtower.com
www.tjtower.com
1 North 1st Street
Suite 755 Phoenix, AZ 85004 MB 0930346 | NMLS 1359227 480-706-0260 |
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Bennett Capital, LLC, DBA B.E. Lending (NMLS ID 1359227). 1 North 1st Street, Suite 755, Phoenix, AZ 85004. Arizona Mortgage Broker License MB #0930346. B.E. Lending only lends for business purposes. B.E. Lending is either licensed or exempt from licensing requirements of all states in which it operates. Your specific facts and circumstances will determine whether B.E. Lending has the authority to approve loans in your specific jurisdiction. Consistent with Federal Fair Lending Laws, B.E. Lending does not discriminate based on race, color, religion, national origin, sex, age, handicap, marital status, familial status or because all or part of your income may be derived from any public assistance program.
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