Noell – This $23.6 million redevelopment transformed historic buildings at the American Tobacco Campus into 64,160 square feet of modern office and commercial space. Located in downtown Durham, the project utilized NMTC and Historic Tax Credits to support revitalization efforts in the region. Monge Capital was instrumental in sourcing and structuring financing for this adaptive reuse development. Old Bull – This $41.4 million redevelopment project transformed historic buildings in Durham’s American Tobacco Campus into over 134,000 square feet of commercial and office space. Financed with Historic and New Markets Tax Credits, the initiative supported regional revitalization while preserving significant historic architecture. Monge Capital played a critical role in assembling the project’s capital stack and ensuring feasibility.