Revere Capital funded a $2,475,000 loan secured by a first lien on the leased fee interest in a 236,000 square-foot retail property sitting on a 27.5-acre lot located in suburban St. Louis, Missouri.
- Borrower is a repeat borrower
- Security comes from a 99-year ground lease on the leasehold improvements
- Property is occupied by several national, credit tenants
- Investment closed in under 3 weeks