Situation/Challenges
- Acquisition and re-position of un-stabilized asset
- Sizeable renovation component
- Street level retail with future second floor medical office
- Property was under contract pre COVID, and paused beginning of COVID
Solutions/Highlights
- A10 structured favorable three (3) year acquisition bridge loan with extensions
- Future facilities for large cap-ex component, along with TI’s and Leasing Commissions
- Fixed rate Bridge Loan to mitigate interest rate risk
- A10 remained engaged and worked through COVID market disruption to close
Repeat Equity Partner