Wien & Malkin Strategic Capital II L.P. has made a $3,200,000 preferred equity investment in the acquisition of Lockwood Medical Office Buildings, a 92,034 square feet office complex located in New Rochelle, New York. The medical complex consists of four buildings and is adjacent to Sound Shore Medical Center. Mark Cohen of L.J. Melody represented the sponsor in this transaction.

This investment represents another transaction in which Wien & Malkin Strategic Capital's creative structure enables us to enter into transactions subordinate to existing senior conduit financing.