$13,000,000
Mezzanine Loan

Britannia

Recapitalization
Britannia
Pleasanton, CA
291,591 SF of Office/R&D Space

Principals of Schelin Uldricks & Co. secured a $13,000,000 mezz loan along with $5MM of preferred equity and a $47.5MM bridge loan to recapitalize and stabilize a 291,591 SF office campus east of Oakland, CA. The financing enabled a partnership buyout, and provided leasing funds to complete improvements on a large lease.