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.
Our team of seasoned professionals is here to help you navigate the financial transactions that drive your success. Speak with us today to see how we can help.Contact Now
Talk to an Associate
How can we help?