Thorofare Capital has funded a $7,700,000 loan for the refinance of Sequoia Center, a 66,656 SF class B office building located in Petaluma, CA. At the time of closing, the Property was 65% occupied. Thorofare’s loan proceeds were used towards paying off an existing bank loan and future funding 100% of lease up costs. The Sponsor, which is a repeat client of Thorofare, is a local 44-year old commercial real estate owner operator who has owned properties valued at over half-billion dollars.