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About Us

Selected transactions


Joint Venture Equity for Acquisition

  • Location:  Beaufort, SC
  • Collateral Type:  Garden Apartment
  • Structure:  Joint Venture Equity
  • RiverBanc Investment:  $9,100,000
  • Senior Lender:  Freddie Mac
  • Loan to Value Ratio:  74%

RiverBanc provided 80% of the partnership equity capitalization to acquire this 400-unit property constructed in 2004.


Preferred Equity for Acquisition Financing

  • Location:  Austin, TX
  • Collateral Type:  Garden Apartment
  • Structure:  Preferred Equity
  • RiverBanc Investment:  $13,400,000
  • Senior Lender:  Freddie Mac
  • Loan to Value Ratio:  80%

RiverBanc acquired a $13.4MM preferred equity interest for acquisition financing of a Class B+ asset in an A market. RiverBanc partnered with strong sponsors who already have multiple assets within the submarket.


Mezzanine Loan for Acquisition

  • Location:  Lawrenceville, GA
  • Collateral Type:  Garden Apartment
  • Structure:  Mezzanine Loan
  • RiverBanc Investment:  $5,900,000
  • Senior Lender:  HUD
  • Loan to Value Ratio:  71%

RiverBanc provided a $5.9MM mezzanine loan for the purchase on this recently constructed, Class A property in a growing submarket. The property had recently completed its initial lease-up at the time of sale.


Assumption of Existing Senior Loan

  • Location:  Birmingham, AL
  • Collateral Type:  Garden Apartment
  • Structure:  Preferred Equity
  • RiverBanc Investment:  $8,500,000
  • Senior Lender:  Freddie Mac
  • Loan to Value Ratio:  66%

RiverBanc acquired an $8.5MM preferred equity interest for the acquisition financing of a well-positioned, value add property. The acquisition included an assumption of an existing senior loan.