Loan Highlights

  • Location: Tucson, AZ
  • Product Type: Industrial
  • Loan Amount: $9,800,000

Description

Industrial

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.