US Capital Partners Advises on $21 Million Project Financing for 1313 Franklin, LLC
Private investment bank supports landmark catalyst project, designed to kick-start the new urban renewal of downtown Santa Clara.
SAN FRANCISCO, MAY 2016 – US Capital Partners Inc. has advised on project financing of $21 million for 1313 Franklin, LLC (“1313 Franklin”), to be used for the construction of “Downtown Gateway,” a landmark residential and commercial development at 1313 Franklin St. in Santa Clara, Silicon Valley, CA. The project will bring 44 for-sale condominium units and 14,500 square feet of ground-floor commercial space to the heart of downtown Santa Clara.
Headquartered in San Francisco, US Capital Partners is a full-service private investment bank that makes direct debt investments, participates in debt facilities, and has wide distribution for debt and equity private placements. The firm has a history of successful closings in the commercial and residential real estate sectors.
Sanjeev Acharya, founder of SiliconSage® Builders, the developer for the project, said: “We’ve greatly appreciated US Capital Partners’ hands-on approach to our financing needs. SiliconSage Builders is growing and proud to be bringing much-needed townhomes and condominiums to Silicon Valley and the Greater Bay Area. Through documentation review, analysis, and structuring, US Capital Partners was able to provide valuable improvements to our credit profile in order to accommodate our growing project pipeline.”
“We are extremely pleased to have advised on this $21 million project financing for 1313 Franklin,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “In October last year, US Capital Partners was honored to attend the historic groundbreaking ceremony for the ‘Downtown Gateway’ project. It has been a real pleasure working with Sanjeev Acharya, and we look forward to supporting this landmark project further in every way possible.”
About US Capital Partners Inc.
Since 1998, US Capital Partners (www.uscapitalpartners.net) has been providing well-structured, custom finance solutions to private and public companies with up to $250 million in top-line sales revenue or project size. Headquartered in San Francisco, US Capital Partners is a private investment bank that makes direct debt and equity investments between $500,000 and $100 million, participates in debt facilities, and has very wide distribution for debt and equity private placements. The firm also offers financial advisory services for buy-side and sell-side engagements and for capital formation, including early-stage financings requiring equity or debt.
To learn more about how your business can secure the funding it needs, email Jeffrey Sweeney, Chairman and CEO, at firstname.lastname@example.org or call +1 (415) 889-1010.