CommCap Advisors Finance Rainbow Center in 41 Days!

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For acquisition reasons, timing was the most important factor in the financing of this mixed-use retail/office building. CommCap was tasked with quickly arranging a competitive 10-year fixed rate loan despite the property having a higher than market vacancy rate and several month-to-month tenants.

In just 41 days, Kyle Nagy and Sebastian Torres identified and closed a Life Insurance company loan that offered the additional benefit of a flexible prepayment penalty structure.

Loan Amount: $1,115,000

Property Type: Mixed Use

Property: Rainbow Center

Lender Type: Life Insurance

Term: 10 Year

Amortization: 25 Year

Interest Rate: 4.25%

Acquisition

Contact today for current rates!

Kyle Nagy

702.792.7553

Knagy@commcapnv.com

Sebastian Torres

702.792.7554

Storres@commcapnv.com

As your exclusive advisors, CommCap utilizes proprietary systems, market expertise, and years of experience to secure aggressive financing options that best fit your property. Exclusive correspondent and servicing relationships with Life Insurance Company, CMBS, and Agency lenders ensure a broad and in-depth representation of current market conditions. Our team of advisors craft a loan structured to enhance revenue and allow you to focus on increasing cash flow.

We do not list, sell, manage, or lease property. We only arrange financing and are the best at what we do.

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