Gallery Image #1 Gallery Image #2 Gallery Image #3
Situation/Challenges
  • Acquisition finance assignment during the peak of COVID-19
  • A10 Capital was engaged after a competing lender was unable to fund due to market disruption
  • Sponsor needed an acquisition loan plus future dollars for not only light unit turns but structural deficiencies at the property

 

Solutions/Highlights

 

  • Structured a 3-year bridge loan with an earnout facility that can be drawn down as occupancy and financial performance improves
  • Quick Response to Borrower’s request
  • Bridge-to-perm capability