Regency Capital Partners

550 Allerton Street


550 Allerton Street

Summary

Regency Capital Partners (RCP) arranged non-recourse, construction financing for the development of this 76,000 SF, Class A office building located in downtown Redwood City. As the project is in a suburban area with limited Class A office space, RCP generated a bidding process among several lenders, which ultimately secured the Developer a very competitive, non-recourse construction loan at a lower than market rate.


Transaction Details

LOAN AMOUNT $29,000,000
FINANCING TYPE Construction
LENDER TYPE Domestic Bank
PROPERTY TYPE Office
PROPERTY ADDRESS
Map
550 Allerton Street
Redwood City, CA
PROPERTY DESCRIPTION This is a development of a 76,000 SF, Class A office building in downtown Redwood City, CA.