Grand Coast Capital Group recently financed an experienced commercial developer/operator out of Rochester, NY. The $3.8M loan was used to refinance existing debt and complete renovations on a 27k SF four story mixed-use property in downtown Rochester. The first and second floors are 75% occupied with retail and office tenants. The borrower is in the process of redeveloping the third and fourth floor shell space into 14 loft style apartments.
Please reach out to Matt DiVito (firstname.lastname@example.org or D: 857-403-1726), Grand Coast Capital Group’s VP of acquisitions if you would like to learn more about this deal or discuss a project you are working on.