Tremont Mortgage Trust Provides $50M Bridge Loan For 296K SF Office Property In Dallas

The property involved in this transaction is an office building located at 10000 North Central Expressway in Dallas. The property spans approximately 296,000 square feet. The loan is being facilitated by Tremont Mortgage Trust, with Tom Lorenzini as the representative. Colliers International is the broker involved in this deal. The loan amount for this transaction is $50,000,000, and it is classified as a bridge loan. The loan terms include a three-year initial term with two one-year extension options.

Summary of Transaction Details

• Property Type: Office
• Transaction Amount: $50,000,000
• Address: 10000 North Central Expressway, Dallas
• Market: Dallas
• Square Footage: 296,000
• Lender: Tremont Mortgage Trust - Tom Lorenzini
• Broker: Colliers International
• Loan Type: Bridge
• Loan Terms: three-year initial term, two one-year extension options

The key individuals and companies involved in this deal include Tremont Mortgage Trust as the lender, represented by Tom Lorenzini. Colliers International is acting as the broker for this transaction. These key players have facilitated the loan amount of $50,000,000 for the office building located at 10000 North Central Expressway in Dallas. The property spans approximately 296,000 square feet, making it a significant asset in the Dallas market.