Though a conservative loan, a specific tenant use created difficulty for all lenders. Most passed or sought premiums in rate.
By leveraging CommCap’s extensive relationships, Kyle Nagy and Sebastian Torres secured an aggressive lender that closed on time and provided long term, fixed rate, non-recourse financing without a rate premium
Loan Amount: $6,200,000
Property Type: Officed
Property: Airport Corporate Center
Lender Type: Life Insurance
Term: 10 Year
Amortization: 25 Year
Interest Rate: 3.50%
Non-Recourse
Acquisition
Contact today for current rates!
Kyle Nagy
702.792.7553
Sebastian Torres
702.792.7554
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.