Revere Capital Investment Examples

Revere Capital funded a $9,300,000 loan in three weeks for the acquisition of the leased fee interest in a 260,000 square-foot retail property sitting on a 48-acre lot.

1. This is the 7th loan made for this Revere Capital repeat borrower
2. Security comes from a 99-year ground lease on the leasehold improvements
3. Property is occupied by several national and regional tenants
4. Transaction closed in three weeks

Revere funded a $28,250,000 first mortgage secured by a newly built, class A multifamily property in the final stage of completion located in Los Angeles, CA. The loan proceeds were used by the sponsor to refinance the existing debt on the property and to fund the remaining construction costs.

Revere Capital funded a loan totaling $12,500,000 secured by a multi-tenant suburban Chicago office building 

• Loan proceeds were used to refinance the office property and provide a reserve for good news money for additional lease up and rollover of existing tenants.
• Loan required a quick closing to satisfy the maturity of the existing debt and Revere provided flexible prepayment options to Sponsor to provide flexibility with the sale of the property.
• Revere successfully navigated closing with a foreign ownership structure.

Revere Capital funded a loan totaling $1,500,000 secured by a 66-unit, Class B, garden style multi-family property located in Stratford, CT.  

• Loan proceeds enabled Sponsor to refinance existing debt and bridge the time needed to obtain permanent HUD financing
• Executed an A/B note structure with a major bank to maximize proceeds for the borrower.

Revere Capital funded a loan totaling $9,800,000 secured by a 100% leased Class A Industrial Property located in Tucson, AZ.

• Loan proceeds enabled Sponsor to refinance existing debt and bridge the time needed to execute a lease extension and fund the associated costs.
• Revere's collateral consisted of the First Deed of Trust and a personal guaranty from the Sponsor which will void upon execution of the lease extension.

Revere Capital funded a loan totaling $3,850,000 secured by a 15-acre tract of land in Nashville, TN zoned senior living ​​​​

• Loan proceeds were used to recapitalize the project and fund remaining predevelopment cost
• Loan provided the sponsor with 43% of appraised value

Revere Capital makes a $17,000,000 preferred equity investment in a 737-unit multifamily property in Houston, TX

• Investment proceeds were used to buy out the existing preferred equity partner.
• Revere was able to navigate the approval process with the existing CLO lender and provide a quick close.
• Revere provided the Sponsor the ability to season the rent roll with the goal of selling the property or attaining long term senior financing.

Revere Capital funded a loan totaling $5,000,000 secured by a boutique office building located in the pedestrian core of downtown Aspen, CO.

• Loan proceeds were used to acquire the property
• Loan provided the sponsor with 75% loan to purchase price proceeds
• Quick closing satisfied the terms of the purchase agreement

Revere Capital funded a loan totaling $3,960,000 secured by a 121,030 square foot multi-tenant industrial building in Sand Springs, Oklahoma.

• Loan proceeds enabled Sponsor to refinance existing debt and use proceeds to invest in an identified real estate project.
• Revere structured the loan to allow initial funding based on in-place occupancy with an earn out upon signing new leases and bringing the occupancy rate to 100%.