| 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 recently arranged an $8,758,000 acquisition loan for Eastwind Center, a 45,240 square foot Smith’s shadow-anchored multi-tenant retail center. CommCap delivered an aggressive 10/27 Life Company loan at 72% of purchase price. The loan offered the best long-term, fixed rate, non-recourse option in the marketplace. As the servicer of the loan, CommCap will provide ongoing support and continuity for the borrower.
