Citizens Bank Provides $87.4 Million Construction Loan To Brandt Bowden And Scott Youdall In San Jose

The property asset involved in the transaction is located at 905 North Capitol Avenue in the San Jose market. It is classified as a development site, which indicates its potential for construction and development activities, rather than existing structures. The loan amount secured for this asset is $87,400,000.00 and it falls under the construction loan type, suggesting that the financing will be utilized for development purposes on the site.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $87,400,000.00
• Loan Type: Construction
• Lender: Citizens Bank
• Landlord: Brandt Bowden & Scott Youdall - The Hanover Company
• Date of Loan: 03/26/2025

The deal is represented by the landlord Brandt Bowden & Scott Youdall from The Hanover Company. Their involvement indicates the role of these individuals in facilitating the leasing or management aspect of this development site, ensuring the proper execution of the transaction according to the interests of the landlord.