Commercial Office Space

Loan Highlights

  • Location: Dallas, TX
  • Product Type: Commercial Office Space
  • Loan Amount: $5,000,000

Description

Commercial Office Space

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