News

Office Campus

Landmark Capital Advisors is pleased to announce the successful recapitalization of a 300,000 square foot office campus in Northern California.

Challenges of the assignment included:

  • Heavily concentrated tenant rollover schedule
  • Maturing CMBS loan pay-off was nearly 100% of appraised value
  • Highly complex capital structure with multiple investor tranches 

Solution:

Landmark Capital crafted a capital structure that provided the preferred equity investor with upside participation, while maintaining an attractive, blended cost-of-capital and long-term ownership control for the sponsorship entity.