5353 W. Bell Road
$4,750,000 JV Equity & $13,100,000 Bridge Loan
203,175 SF Office Reposition
Glendale, AZ
HRC secured $13.1 million, non-recourse bridge loan equaling 80% LTC and a $4.74 million equity investment representing 90% of the required equity for the acquisition of a vacant office building. The 203,175 sf building was formerly owned/occupied by Honeywell and will be repositioned into a multi-tenant property.