Canon Drive 2 Canon Drive 3
Situation/Challenges
  • 100% occupied at closing
  • All existing tenant leases roll within A10's loan term
  • Sponsor is not a U.S. citizen
  • In-place rents are below market rates
Solutions/Highlights
  • Sponsor is a high-net-worth individual with a very successful CRE investment and development track record
  • Property is located within a well-known shopping district known for luxury international retail brands
  • Non-recourse
  • 3-year term plus extensions