FALLS CHURCH, VA
LOAN AMOUNT
$12,750,000
FALLS CHURCH, VA
BRIDGE LENDING
OFFICE SPACE
One of the pioneer real estate investment firms in NYC specializing in buying distressed loans and repositioning assets was seeking bridge financing for a 315,280 sf, 9-story, 40% occupied suburban office as part of an all-cash portfolio acquisition out of a CMBS distress sale to fund accretive CapEx and leasing costs and adjust equity basis.
Sponsor is the founding principal of a NYC based commercial real estate investment platform driven by the passion for revitalizing the urban cores of America’s secondary and tertiary cities with a focus on opportunistic and adaptive reuse.
The company identifies value-add and opportunistic real estate that caters to the Millennial workforce and a modern vision of urban America. Since inception in 2014, the Company has acquired $2 billion of real estate totaling approximately 16 million square feet across 49 unique markets.
