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Värde Partners Provides $61.5M Loan for Refinancing of San Antonio Office Park

Brass-Professional-Center-San-Antonio

Brass Professional Center in San Antonio totals 729,000 square feet of office space across 15 buildings.

SAN ANTONIO — Värde Partners, a Minneapolis-based global investment firm, has provided a $61.5 million loan for Brass Professional Center, a 15-building, 729,000-square-foot office park in San Antonio. The undisclosed borrower will use the loan to finance existing debt and provide capital for recapitalizing the property or marketing it for sale over the next few years. Bryan Leonard of NorthMarq Capital arranged the loan.

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