Project Details

 
 

14-story historic office building in the heart of Downtown Sacramento

Located just two blocks from both the State Capitol and Sacramento City Hall

Cash Out Refinance

Pulled money out to recover borrower equity capital that was expended to renovate and restore this historic Sacramento landmark

Transaction was structured to allow existing subordinate debt from the City of Sacramento Redevelopment Agency to remain in place in a fully subordinate position to the new permanent conduit debt

 

Elk’s Building