CommCap Advisors Finances Desert Inn Plaza

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Matthew Hoyt with CommCap Advisors recently arranged a $3,375,000 loan for Desert Inn Plaza, a 28,552 sf, 94.4% occupied retail center. CommCap Advisors was able to identify a lender that was financing retail amidst the pandemic when most lenders backed away from that asset class, that allowed the borrower to obtain a higher leverage loan and finalize the closing process in a timely manner. The rate is fixed at 3.625% for 5 years with 25-year amortization.

Contact Matt Hoyt for current rates.

702.792.7558

mhoyt@commcapnv.com

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