Tremont Mortgage Trust announced the closing of a $15.3 million first mortgage floating-rate bridge loan to refinance Prime Center at Northridge office park. The property is comprised of two adjacent single-story multi-tenant office buildings with a total of approximately 125,000 square feet located at 1765 and 1865 W. 121st Avenue in Westminster, Colorado. TRMT’s manager, Tremont Realty Capital, was introduced to the transaction by ColumbiaNational, which advised the sponsors, Redfearn Capital and Foundation Capital Partners. TRMT funded an initial advance of approximately $13.5 million at closing, with future advances of up to $1.8 million available for tenant improvements, leasing commissions and capital expenditures. The loan is structured with a three-year initial term and two one-year extension options, subject to the borrower meeting certain conditions.