Revere Capital funded a $4,000,000 loan secured by a first lien on the leased fee interest in a 133,500-square foot, office property sitting on a 13.3-acre lot located in Farmington, CT. The property is 100% occupied by a large-cap, publicly traded company. Proceeds were used to acquire the property by a repeat borrower of Revere’s.

• Borrower is a repeat borrower
• Simultaneous with the acquisition, Borrower entered into a 99-year ground lease in which the Borrower leased the Property to the ground lessee in exchange for a lump sum initial payment and escalating, annual rental payments.
• Transaction closed in under 3 weeks

Revere Capital funded a $3,152,025 loan secured by a first lien a 75-unit apartment complex located in Watford City, ND which is the epicenter of the oil and gas play of the Bakken Shale. Revere also has a first lien on a 5.4 acre parcel located in Annapolis, MD which will serve as additional collateral. Loan proceeds were used to refinance the Watford City property. Sponsor has invested significant cash in the Watford City property and contributed an additional $3,510,000 at closing of Revere’s loan. Revere’s loan is expected to be repaid with proceeds from a Freddie Mac loan.

• Additional collateral was provided to maximize loan amount
• Proceeds were used to refinance
• Deal closed in under two weeks

Revere Capital funded a $4,300,000 loan secured by a portfolio of properties in the historic college town of Nacogdoches, Texas. The loan is secured by a first lien on two multifamily properties and one retail property.

• Proceeds were used to retire the existing debt
• Borrower has invested considerable capital into the improvement and upgrades of the properties
• Transaction closed in under 14 days.

Revere Capital funded a $3,000,000 acquisition loan in less than 10 days. The loan is secured by a first lien on the leased fee (land) interest under a 99,567-square foot, retail/office property in the historic college town of Keene, NH.

• Proceeds were used to acquire the property
• Simultaneous with the acquisition, Borrower entered into a 99-year ground lease in which the Borrower leased the Property to the ground lessee in exchange for a lump sum initial payment and escalating, annual rental payments.
• Transaction closed in under 10 days

Revere Capital funded a $5,000,000 loan secured by a first lien on a single-tenant office property located in Dallas, TX.

• Proceeds were used to refinance the existing mortgage as well as for working capital for the owner-occupied business
• Property is located in a high growth area currently undergoing an urban transformation
• Partnered with a subordinate loan participant to maximize total proceeds to the borrower
• Transaction closed in under 3 weeks

Revere Capital funded a $18,140,000 loan secured by a first lien on a 419-unit apartment complex in Columbia, SC.

• Loan proceeds were used to acquire the property and to fund a reserve account for future capital improvements
• The Borrower is an institutional real estate investment manager with current ownership of approximately 5,000 apartment units in the Southeast.
• Transaction closed in under 7 days to take advantage of a price discount included in the Purchase and Sale Agreement

Revere Capital funded a $10,000,000 debtor in possession (“DIP”) loan to a privately held athletic shoe retailer. The loan is secured by five retail properties and a single-family residential asset.

• Loan proceeds were used for refinancing and working capital purposes
• Loan to facilitate an exit from Chapter 11 bankruptcy
• Revere has issued a commitment to fund an additional $5,000,000 upon the satisfaction of conditions by the Borrower

Revere Capital funded a $4,400,000 loan secured by a first lien on a to-be-completed self-storage facility located in a high growth submarket of Denver. Upon completion, the property will be a Class A facility with approximately 700 climate-controlled units.

• Loan funded mid-construction (approximately 60% complete)
• Proceeds will be used to complete construction
• Loan will bridge the borrower to certificate of occupancy issuance

Revere Capital funded a $5,500,000 loan secured by a first lien on a 185,000-square foot retail shopping center in Dallas, TX.

• Loan proceeds were used to refinance the property and fund reserve accounts for future capital expenditures
• Tenant improvements will be used for newly signed anchor tenant
• Transaction closed in under 20 days