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Short-Term Bridge Loan in San Antonio, TX

COVID related issues caused delays in executing the lease-up plan despite the dynamic office market.  VCREF provided the borrower with flexibility by increasing the loan amount to capitalize the higher TI/LC cost estimate.  With favorable market metrics and sufficient capital, the borrower is well-positioned to attract top office tenants in this iconic building.

  • Location: San Antonio, TX
  • Property Type: Office Building
  • Loan Type: Refinance
  • Loan Program: Short-Term Bridge Loan
  • Amount: $5,000,000

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