Chapel Hill, North Carolina – Office

The loan request was for $1,750,000, and Prescient Capital secured the loan with a first lien on the borrower’s interest in a 36,027 square foot, two-story office building valued at $3,400,000. In addition to the primary collateral, the borrower brought $750,000 in additional equity to closing and signed a personal guarantee with a net worth of $22,000,000.

$1,750,000

51%