The non-profit client was seeking high leverage acquisition financing for a property it had been operating for several years.
Andy Crawford, CCIM identified an existing lender relationship that excels in affordable housing and public private partnerships. In conjunction with capital from the City of Las Vegas, an 83% LTC senior loan was secured and successfully closed
Loan Amount: $3,825,000
Property Type: Multifamily
Property: Share Village 4
Lender Type: Public Private Partnership
Term: 10 Year
Amortization: 30 Year
Interest Rate: 4.5%
Contact today for current rates!
Andy Crawford
702.792.7552
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.
