CommCap Advisors – Recently Closed Loan!
Project Name:
Eastwind Center
Property Type:
Neighborhood Retail Center
Location:
Las Vegas, NV
Loan Amount:
$8,758,000
Lender Type:
Life Insurance Company
Term:
10 years
Amortization:
27 years
Loan Type:
Acquisition
Specific Deal Points:
- Non-recourse
- Shadow-anchored
- Fixed rate of 4.76%
CommCap Advisors...
Current Loan Spreads
The economy gained traction in recent months as restrictions eased with a current reported fully covid vaccination rate of more than 40% for the...
Windmill Place
CommCap Advisors recently structured a $3,800,000 acquisition loan for 21,651 square feet of office space at 370 E. Windmill Lane. CommCap secured a 20/20...
CommCap’s Recent Closings
Veterans Village 2
Loan Amount: $9,059,000
Rate: Confidential
Term: 10 years
Amortization: 30 years
LTV: 75%
Guarantee: Non-Recourse
The $9,059,000 loan was bifurcated into two separate debt instruments, a $7,869,000 senior and $1,190,000 interest only...
Current Rates: July 2021
Through the ups and downs of the pandemic, a few CRE sectors remained stable and continue to perform well. These include industrial, self-storage facilities,...
CommCap Advisors Recently Closed Horizon Office
Though the property was not performing at a stabilized occupancy, the borrower requested long-term fixed rate, non-recourse life insurance company debt. After surveying the...
CommCap Advisors Coordinated Cash-out Refinances on Office Buildings!
Rock Ridge Business Center
Kyle and Sebastian successfully placed just over $3 million in permanent financing at the Rock Ridge Business Center with a cash...
CommCap Advisors Finance the Acquisition of La Palm Despite Existing Short Term Rental Operations
The borrower was acquiring La Palm Motel with the intent to transition to a traditional multifamily operation.
Despite the existing short term rental operation and...
CommCap Advisors Successfully Placed Financing on Newly Constructed Rainbow Commons
CommCap Advisors successfully placed $3,800,000 in acquisition financing on the recently constructed, high finish strip retail center just off Rainbow Blvd. and the 215...
CommCap Advisors Refinance Fort Apache Point!
Matthew Hoyt with CommCap Advisors recently refinanced Fort Apache Point, a two-building professional office project totaling 15,260 sf in Las Vegas, NV. After being presented...