TUCSON
LOAN AMOUNT
$3,000,000
TUCSON, AZ
PREFERRED EQUITY
OFFICE SPACE
This transaction is a $3MM preferred equity investment by JLJ Capital. The property is occupied by the biggest cable company in the US.
Sponsor is the founder and managing partner of a real estate investment firm focused on net lease and assets across the US. The sponsor previously founded and ran a multi-family/commercial real estate investment company with AUM in excess of $150MM.
The projected IRR exceeds 15%.
Closing Date May-Nov 2019
Loan Type Preferred Equity
Loan Amount $3,000,000
Term 6 Months *Option Agreement
Location Tucson, AZ
Property Type Office Space
Gross Square Footage 105,000 sq ft
EXPLORE JLJ CAPITAL'S LENDING PROGRAMS
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