Skip to content
$7,900,000 | Los Angeles, CA building

Los Angeles, CA

Transaction Type

Loan Modification


Loan Type

Bridge Loan

Situation & Challenges

  • 100% occupied by single tenant at closing
  • Sponsor accelerated business plan and executed more value than originally underwritten
  • Sponsor requested additional loan proceeds to capitalize on extra value-creation

Solutions & Highlights

  • Sponsor was a repeat borrower of A10 and had extensive knowledge of the area
  • Property was in an extremely strong demographic profile and high traffic area
  • Original loan amount was $5.5MM; Loan was up-sized post-closing by $2.4MM
  • 3-year term plus extensions