In other bridge-related news, Revere Capital completed $14.25 million in bridge financing for a Sacramento office building property owner and a building owner in Southern California’s Inglewood.
Revere Capital extended a loan secured by an owner of a class-B 100,000-square-foot multi-tenanted office building located at 1860 Howe Ave. The investor plans to use the funding to complete tenant improvements to take the building occupancy from its current level to a target of 90% occupied or greater.