ADM Capital Exits Project Runway

In February 2020 ADM Capital exited from Project Runway, a December 2018 mezzanine financing for the recapitalisation of a 33,000 sqm, five floor office building in Bundang, Korea, a populous and wealthy suburb of Seoul. The USD24m ADM Capital loan facility was the first of three mezzanine loans across two cities negotiated with the same…