Strategic Acquisition Financing for a High‑Performing Retail Center

Strengthening a durable, daily‑needs retail investment

Tremont Realty Capital provided a $42.5 million floating‑rate loan to support the acquisition of Brandywine Crossing, a 430,000‑square‑foot grocery‑anchored retail center located in Brandywine, Maryland. Positioned along a high‑visibility commercial corridor, the property offers durable daily‑needs tenancy and a strong anchor draw, creating an attractive foundation for near‑term leasing momentum and long‑term value creation. The financing enabled the sponsor to secure a well‑leased, income‑producing asset while maintaining the flexibility needed to address remaining vacancy and manage upcoming lease rollover. With its strategic location, stable anchor tenancy and opportunity to enhance NOI through targeted leasing execution, the center represented a compelling investment for an experienced, programmatic sponsor.

Aligning capital with a value-creation leasing plan

The sponsor - an established operator and repeat Tremont borrower - sought a lender capable of providing both acquisition financing and a structure that supported proactive leasing initiatives. 93% leased at closing, the property offered immediate cash flow with additional upside tied to backfilling remaining vacancies and navigating near‑term tenant expirations. The sponsor required a financing partner that could underwrite both the stabilized performance and the incremental value that targeted leasing and tenant retention strategies would unlock.

Tremont structured a three‑year initial loan term with two one‑year extension options, balancing the sponsor’s need for flexibility with a timeline suited to executing its leasing and rollover plan. A “good news” funding facility provided additional capital upon the execution of new leases or material leasing milestones, ensuring the sponsor could pursue value‑enhancing opportunities without unnecessary capital constraints.

Positioned for stability, leasing momentum and NOI growth

The transaction marked another successful collaboration with a trusted sponsor and highlighted Tremont’s ability to move decisively in competitive retail environments. Tremont’s understanding of local market dynamics, combined with its experience with grocery‑anchored centers, allowed for efficient underwriting and swift loan approval. The sponsor benefited from a financing solution designed to address both immediate acquisition needs and future leasing objectives, positioning the property for continued stability and incremental growth.