Office

Loan Highlights

  • Location: Colorado Springs, CO
  • Product Type: Office
  • Loan Amount: $20,100,000

Description

Office

Revere Capital funded a loan totaling $20,100,000 secured by two office buildings in Colorado Springs, CO.

  • Loan proceeds were used to acquire the properties and capitalize a reserve account for future leasing costs.
  • Loan with time needed to negotiate lease extensions with two major tenants that occupy the properties.
  • Loan closed just four business days after signed term sheet.
Cheyanne HarringtonDecember 9, 20190 comments