Gallery Image #1

  • Fully Occupied neighborhood retail center
  • Primarily occupied by local non-credit tenants
  • Potential decrease in occupancy as Sponsor repositions and rolls tenants to market rents
  • Small cannabis tenant at the center created problems for traditional financing

  • Provided an interest only bridge term to allow Sponsor to complete business plan
  • A10 provided Capex, TI/LC & rollover facilities to support business plan
  • Sponsor worked with city to parcel a portion of the collateral containing the cannabis tenant into a separate entity