CADENCE CAPITAL PARTNERS SECURES $17,300,000 BRIDGE LOAN FOR HARRISON STREET

Cadence Capital Partners Secures $17,300,000 Bridge Loan For Harrison Street

Cadence Capital Partners is pleased to announce the closing of a $17,300,000 non-recourse, bridge loan on a three property medical office portfolio with locations in Fairfax, VA, Leesburg, VA, and Sterling, VA. The loan proceeds were used to repay existing debt and fund 100% of the budgeted leasing commissions and tenant improvements.

Cadence Capital Partners fielded nine offers and chose a local bank who offered a competitive rate, full proceeds, and prepayment flexibility.

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CONTACT

Chicago

ADDRESS

954 W. WASHINGTON, STE 508
CHICAGO, IL 60607

PHONE

312.217.2680

Denver

ADDRESS

1553 PLATTE STREET, STE 303
DENVER, CO 80202

PHONE

312.882.2200

Minneapolis

ADDRESS

1553 PLATTE STREET, STE 303
DENVER, CO 80202

PHONE

612.720.1834

CONTACT

Chicago

ADDRESS

954 W. WASHINGTON, STE 508
CHICAGO, IL 60607

PHONE

312.217.2680

Denver

ADDRESS

1553 PLATTE STREET, STE 303
DENVER, CO 80202

PHONE

312.882.2200

Minneapolis

ADDRESS

1330 LAGOON AVE
MINNEAPOLIS, MN 55408

PHONE

612.720.1834