California Mixed-Use Property Recapitalization Financing


Santa Monica, CA

  • Loan Type: Property Recapitalization Financing
  • Property: Class A, 80,027 square foot office, retail, and parking garage asset.
  • Scenario: Trevian's loan provided tenant improvements and leasing commission capital and runway to lease up and stabilize the property, as the sponsor looks to re-tenant the two vacant office floors on the 12% occupied iconic asset one block off of the Santa Monica Pier.
  • Result: Trevian provides bridge loans nationwide on transitional real estate that needs time and proceeds to reach stabilization.