Red Oak Capital Holdings Provides Bridge Loan for Philadelphia Midrise

Red Oak Capital Holdings, LLC, has provided a $9.225-million bridge loan for the Ridge Avenue Apartments, a newly built residential community in Philadelphia.

Red Oak Capital Provides $8.7M Acquisition Loan for Multifamily Property in East Point, Georgia

EAST POINT, GA. — Red Oak Capital Holdings has provided an $8.7 million bridge loan for the acquisition and renovation of Garden Courts Apartments, an 86-unit multifamily community in the southwestern Atlanta suburb of East Point within three miles of Hartsfield-Jackson Atlanta International Airport. Underwritten within Red Oak’s Opportunistic Bridge Loan Program, the nonrecourse, interest-only loan carries a two-year term with a 73.9 percent loan-to-value ratio. Dave Christensen, Thomas Gorsk and James Myatt of Red Oak originated the loan. Arden Gist of Gist Group LLC arranged the financing on behalf of the borrower, Atlanta-based Miller Capital Properties.

Red Oak Capital Holdings Provides $8.65M Financing for the Atlanta

Red Oak Capital Holdings, LLC, a leading provider of private capital solutions for commercial real estate, has closed an $8.65-million bridge loan for the acquisition and renovation of Garden Courts Apartments, an 86-unit garden-style multifamily community in East Point, a growing submarket within the Atlanta metropolitan area.

This Week's Dallas-Fort Worth Deal Sheet

Westmount Realty Capital Sells 1980s-Era Multifamily Property

After adding extensive upgrades, a Dallas-based company sold a 45-year-old apartment complex in Arlington.

Red Oak Capital Holdings provides $10.30 million in financing for two multifamily properties in Indianapolis market

Red Oak Capital Holdings, LLC provided a combined $10.30 million in financing for a pair of multifamily properties located in metropolitan Indianapolis.

The separate bridge loans funded the acquisition and planned renovations of the assets by the sponsor, a value-add investor with extensive experience in the local market.
 
At $8.60 million, the loan for Canterbury House Apartments in Lawrence, IN accounted for the bulk of the financing total. Structured under Red Oak’s Core-Plus Bridge Loan Program, the loan has a three-year term and an LTSV of 65.90%. Located on 5.8 acres at 7955 Kingsmead Drive, the 84% occupied community features 110 one- to four-bedroom units in seven buildings, as well as a pool, playground, and clubhouse.

RED OAK CAPITAL HOLDINGS ANNOUNCES Extension to November 30, 2024 of Expiration Time of Exchange Offer Relating to 8.5% Senior Secured bonds due 2024

FOR IMMEDIATE RELEASE. Charlotte, NC. (October 31, 2024) – ROCF II Series, a series of Red Oak Capital Fund Series, LLC (the “Company”) today announced that it has extended the expiration time in its previously announced exchange offer (the Exchange Offer”), in which the holders of its outstanding 8.5% Senior Secured Bonds due 2024 (CUSIP No. 756787 AB3) (the “Old Bonds”) were offered the opportunity to exchange all or a portion of their Old Bonds for an equal principal amount of a new issue of 9.5% Senior Secured Bonds due 2028 (CUSIP No. 75679F AA6) (the “New Bonds”). The terms and conditions of the Exchange Offer were set forth in the exchange circular (the “Exchange Circular”), which was an exhibit to a Current Report on Form 1-U filed by the Company with the Securities and Exchange Commission (“SEC”) on April 29, 2024. The Company is the successor by merger to Red Oak Capital Fund II, LLC, the original issuer of the Old Bonds.

The Company had previously extended the expiration time of the Exchange Offer from 5:00 p.m., New York City Time, on June 28, 2024, to 5:00 p.m., New York City Time, on October 31, 2024 (the “Current Expiration Time”). The Company now is further extending the expiration time from the Current Expiration Time to 5:00 p.m., New York City Time, on November 30, 2024 (the “New Expiration Time”). The deadline to validly withdraw tenders of the Old Bonds also was extended to the New Expiration Time. The Exchange Offer now will expire at the New Expiration Time, unless further extended or terminated. The New Expiration Time is subject to earlier termination, withdrawal or extension by the Company in its sole and absolute discretion. We now expect the New Bonds to be issued on December 2, 2024.  All other terms of the Exchange Offer remain unchanged.

Neither the Company nor its board of directors or employees have made or are making any representation or recommendation as to whether or not any holder should tender Old Bonds in exchange for New Bonds in the Exchange Offer.

Cautionary Statement Regarding Forward Looking Information
Certain matters discussed in this news release are not historical facts but are forward-looking statements regarding the Company’s intention to complete the Exchange Offer. The Company’s ability to complete the Exchange Offer will depend, among other things, on market conditions, and there can be no assurance that the Company will complete this initiative on the anticipated terms or at all. Risks and uncertainties related to the Exchange Offer and to being an investor in either the Old Notes or the New Notes, are discussed in the Company’s SEC filings, including its Form 1-U relating to the Exchange Offer, which is referenced below. The Company undertakes no obligation to update forward-looking statements.

Availability of Certain Important Information
The Company filed with the SEC on April 29, 2024 a Current Report on Form 1-U that discloses certain information about (and contains certain documents filed in connection with) the Exchange Offer. The Company also has filed an Annual Report on Form 1-K for the fiscal year ended December 31, 2023.  The Form 1-U and Form 1-K contain important financial and other information regarding the Company. The Company recommends that holders of Old Bonds read these documents carefully before deciding whether to tender their Old Bonds in exchange for New Bonds in the Exchange Offer. Holders of Old Bonds and other interested parties may obtain a free copy of these and other relevant documents at the SEC's website, www.sec.gov, or from the Company at:

Red Oak Capital Holdings, LLC
ATTN: Investor Relations
5925 Carnegie Boulevard, Suite 110
Charlotte, NC 28209
980-288-6627
[email protected]

Additional information concerning the terms of the Exchange Offer and copies of the exchange circular and other documents relating to the Exchange Offer may be obtained from the information agent. The information agent is:

Crescent Securities Group, Inc.
4975 Preston Park Blvd., Suite 820
Plano, TX 75093
Attn: Nick Duren
[email protected]
Banks and Brokers call: (972) 490-0150
Toll free (800) 880-5567

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities. There shall not be any issuance of the New Bonds in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the laws of such state.

RED OAK CAPITAL HOLDINGS ANNOUNCES Extension TO OCTOBER 31, 2024 of Expiration Time of Exchange Offer Relating to 8.5% Senior Secured bonds due 2024

FOR IMMEDIATE RELEASE. Charlotte, NC. (September 24, 2024) – ROCF II Series, a series of Red Oak Capital Fund Series, LLC (the “Company”) today announced that it has extended the expiration time in its previously announced exchange offer (the Exchange Offer”), in which the holders of its outstanding 8.5% Senior Secured Bonds due 2024 (CUSIP No. 756787 AB3) (the “Old Bonds”) were offered the opportunity to exchange all or a portion of their Old Bonds for an equal principal amount of a new issue of 9.5% Senior Secured Bonds due 2028 (CUSIP No. 75679F AA6) (the “New Bonds”). The terms and conditions of the Exchange Offer were set forth in the exchange circular (the “Exchange Circular”), which was an exhibit to a Current Report on Form 1-U filed by the Company with the Securities and Exchange Commission (“SEC”) on April 29, 2024. The Company is the successor by merger to Red Oak Capital Fund II, LLC, the original issuer of the Old Bonds.

The Company had previously extended the expiration time of the Exchange Offer from 5:00 p.m., New York City Time, on June 28, 2024, to 5:00 p.m., New York City Time, on July 31, 2024. The Company had further extended the expiration time of the Exchange from 5:00 p.m., New York City Time, on July 31, 2024, to 5:00 p.m., New York City Time, on September 30, 2024 (the “Current Expiration Time”). The Company now is further extending the expiration time from the Current Expiration Time to 5:00 p.m., New York City Time, on October 31, 2024 (the “New Expiration Time”). The deadline to validly withdraw tenders of the Old Bonds also was extended to the New Expiration Time. The Exchange Offer now will expire at the New Expiration Time, unless further extended or terminated. The New Expiration Time is subject to earlier termination, withdrawal or extension by the Company in its sole and absolute discretion. We now expect the New Bonds to be issued on November 1, 2024.  All other terms of the Exchange Offer remain unchanged.

Neither the Company nor its board of directors or employees have made or are making any representation or recommendation as to whether or not any holder should tender Old Bonds in exchange for New Bonds in the Exchange Offer.

Cautionary Statement Regarding Forward Looking Information

Certain matters discussed in this news release are not historical facts but are forward-looking statements regarding the Company’s intention to complete the Exchange Offer. The Company’s ability to complete the Exchange Offer will depend, among other things, on market conditions, and there can be no assurance that the Company will complete this initiative on the anticipated terms or at all. Risks and uncertainties related to the Exchange Offer and to being an investor in either the Old Notes or the New Notes, are discussed in the Company’s SEC filings, including its Form 1-U relating to the Exchange Offer, which is referenced below. The Company undertakes no obligation to update forward-looking statements.

Availability of Certain Important Information

The Company filed with the SEC on April 29, 2024 a Current Report on Form 1-U that discloses certain information about (and contains certain documents filed in connection with) the Exchange Offer. The Company also has filed an Annual Report on Form 1-K for the fiscal year ended December 31, 2023.  The Form 1-U and Form 1-K contain important financial and other information regarding the Company. The Company recommends that holders of Old Bonds read these documents carefully before deciding whether to tender their Old Bonds in exchange for New Bonds in the Exchange Offer. Holders of Old Bonds and other interested parties may obtain a free copy of these and other relevant documents at the SEC's website, www.sec.gov, or from the Company at:

Red Oak Capital Holdings, LLC

ATTN: Investor Relations

5925 Carnegie Boulevard, Suite 110

Charlotte, NC 28209

980-288-6627

[email protected]

Additional information concerning the terms of the Exchange Offer and copies of the exchange circular and other documents relating to the Exchange Offer may be obtained from the information agent. The information agent is:

Crescent Securities Group, Inc.

4975 Preston Park Blvd., Suite 820

Plano, TX 75093

Attn: Nick Duren

[email protected]

Banks and Brokers call: (972) 490-0150

Toll free (800) 880-5567

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities. There shall not be any issuance of the New Bonds in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the laws of such state.

RED OAK CAPITAL HOLDINGS ANNOUNCES Extension TO SEPTEMBER 30, 2024 of Expiration Time of Exchange Offer Relating to 8.5% Senior Secured bonds due 2024

ROCF II Series, a series of Red Oak Capital Fund Series, LLC (the “Company”) today announced that it has extended the expiration time in its previously announced exchange offer (the Exchange Offer”), in which the holders of its outstanding 8.5% Senior Secured Bonds due 2024 (CUSIP No. 756787 AB3) (the “Old Bonds”) were offered the opportunity to exchange all or a portion of their Old Bonds for an equal principal amount of a new issue of 9.5% Senior Secured Bonds due 2028 (CUSIP No. 75679F AA6) (the “New Bonds”).  The terms and conditions of the Exchange Offer were set forth in the exchange circular (the “Exchange Circular”), which was an exhibit to a Current Report on Form 1-U filed by the Company with the Securities and Exchange Commission (“SEC”) on April 29, 2024. The Company is the successor by merger to Red Oak Capital Fund II, LLC, the original issuer of the Old Bonds.


The Company had previously extended the expiration time of the Exchange Offer from 5:00 p.m., New York City Time, on June 28, 2024, to 5:00 p.m., New York City Time, on July 31, 2024 (the “Current Expiration Time”). The Company now is further extending the expiration time from the Current Expiration Time to 5:00 p.m., New York City Time, on September 30, 2024 (the “New Expiration Time"). The deadline to validly withdraw tenders of the Old Bonds also was extended to the New Expiration Time. The Exchange Offer now will expire at the New Expiration Time, unless further extended or terminated. The New Expiration Time is subject to earlier termination, withdrawal or extension by the Company in its sole and absolute discretion. We now expect the New Bonds to be issued on October 1, 2024.  All other terms of the Exchange Offer remain unchanged.


Neither the Company nor its board of directors or employees have made or are making any representation or recommendation as to whether or not any holder should tender Old Bonds in exchange for New Bonds in the Exchange Offer.


Cautionary Statement Regarding Forward Looking Information
Certain matters discussed in this news release are not historical facts but are forward-looking statements regarding the Company’s intention to complete the Exchange Offer. The Company’s ability to complete the Exchange Offer will depend, among other things, on market conditions, and there can be no assurance that the Company will complete this initiative on the anticipated terms or at all. Risks and uncertainties related to the Exchange Offer and to being an investor in either the Old Notes or the New Notes, are discussed in the Company’s SEC filings, including its Form 1-U relating to the Exchange Offer, which is referenced below. The Company undertakes no obligation to update forward-looking statements.


Availability of Certain Important Information
The Company filed with the SEC on April 29, 2024 a Current Report on Form 1-U that discloses certain information about (and contains certain documents filed in connection with) the Exchange Offer.  The Company also has filed an Annual Report on Form 1-K for the fiscal year ended December 31, 2023.  The Form 1-U and Form 1-K contain important financial and other information regarding the Company. The Company recommends that holders of Old Bonds read these documents carefully before deciding whether to tender their Old Bonds in exchange for New Bonds in the Exchange Offer. Holders of Old Bonds and other interested parties may obtain a free copy of these and other relevant documents at the SEC's website, www.sec.gov, or from the Company at:


Red Oak Capital Holdings, LLC
ATTN: Investor Relations
5925 Carnegie Boulevard, Suite 110
Charlotte, NC 28209
980-288-6627
[email protected]

Additional information concerning the terms of the Exchange Offer and copies of the exchange circular and other documents relating to the Exchange Offer may be obtained from the information agent. The information agent is:

Crescent Securities Group, Inc.
4975 Preston Park Blvd., Suite 820
Plano, TX 75093
Attn: Nick Duren
[email protected]
Banks and Brokers call: (972) 490-0150
Toll free (800) 880-5567

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities. There shall not be any issuance of the New Bonds in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the laws of such state.

RED OAK CAPITAL HOLDINGS ANNOUNCES Extension of Expiration Time of Exchange Offer Relating to 8.5% Senior Secured bonds due 2024

ROCF II Series, a series of Red Oak Capital Fund Series, LLC (the “Company”) today announced that it has extended the expiration time in its previously announced exchange offer (the Exchange Offer”), in which the holders of its outstanding 8.5% Senior Secured Bonds due 2024 (CUSIP No. 756787 AB3) (the “Old Bonds”) were offered the opportunity to exchange all or a portion of their Old Bonds for an equal principal amount of a new issue of 9.5% Senior Secured Bonds due 2028 (CUSIP No. 75679F AA6) (the “New Bonds”) upon the terms of and subject to the conditions set forth in the exchange circular (the “Exchange Circular”), which was an exhibit to a Current Report on Form 1-U filed by the Company with the Securities and Exchange Commission (“SEC”) on April 29, 2024. The Company is the successor by merger to Red Oak Capital Fund II, LLC, the original issuer of the Old Bonds.

The Company is extending the previously announced expiration time, which currently is 5:00 p.m., New York City Time, on June 28, 2024, to 5:00 p.m., New York City Time, on July 31, 2024 (the “New Expiration Time"). The deadline to validly withdraw tenders of the Old Bonds also was extended to the New Expiration Time. The Exchange Offer now will expire at the New Expiration Time, unless further extended or terminated. The New Expiration Time is subject to earlier termination, withdrawal or extension by the Company in its sole and absolute discretion. We now expect the New Bonds to be issued on August 1, 2024.  All other terms of the Exchange Offer remain unchanged.

Neither the Company nor its board of directors or employees have made or are making any representation or recommendation as to whether or not any holder should tender Old Bonds in exchange for New Bonds in the Exchange Offer.

Cautionary Statement Regarding Forward Looking Information

Certain matters discussed in this news release are not historical facts but are forward-looking statements regarding the Company’s intention to complete the Exchange Offer. The Company’s ability to complete the Exchange Offer will depend, among other things, on market conditions, and there can be no assurance that the Company will complete this initiative on the anticipated terms or at all. Risks and uncertainties related to the Exchange Offer and to being an investor in either the Old Notes or the New Notes, are discussed in the Company’s SEC filings, including its Form 1-U relating to the Exchange Offer. The Company undertakes no obligation to update forward-looking statements.

Availability of Certain Important Information

The Company has filed with the SEC a Current Report on Form 1-U that discloses certain information about the Exchange Offer.  The Form 1-U and certain documents filed with the SEC in connection with the Exchange Offer contain important information. The Company recommends that holders of Old Bonds read these documents carefully before deciding whether to tender their Old Bonds in exchange for New Bonds in the Exchange Offer. Holders of Old Bonds and other interested parties may obtain a free copy of these and other relevant documents at the SEC's website, www.sec.gov, or from the Company at:

Red Oak Capital Holdings, LLC
ATTN: Investor Relations
5925 Carnegie Boulevard, Suite 110
Charlotte, NC 28209
980-288-6627
[email protected]

Additional information concerning the terms of the Exchange Offer and copies of the exchange circular and other documents relating to the Exchange Offer may be obtained from the information agent. The information agent is:

Crescent Securities Group, Inc.
4975 Preston Park Blvd., Suite 820
Plano, TX 75093
Attn: Nick Duren
[email protected]
Banks and Brokers call: (972) 490-0150
Toll free (800) 880-5567

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities. There shall not be any issuance of the New Bonds in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the laws of such state.

Beware of Investment Phishing Expeditions

Please be aware that phishing campaigns and deepfake images/videos aren’t intended only for consumers. They target businesses, too, and the commercial real estate industry is not immune. Connect CRE has learned of a rise in fraud cases where criminals are using old corporate logos and materials of legitimate companies and using them to convince unsuspecting borrowers to submit personal data. 

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