Office acquisition bridge loan in Tucson, AZ

 

121,398 sf. class “B” office in central Tucson business district

 

  • $7,000,000
  • 75% loan to cost bridge acquisition financing
  • 66% occupied office building with marquee tenant (15% of GLA) rolling in 2 years
  • Flexible draw funding on $950k cap ex & leasing reserve
  • Funded by NYC investment fund