CommCap Finances Rennick Properties – Sunset

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Whether you’re a seasoned borrower or it’s your first venture into commercial real estate, enlisting CommCap Advisors early on in the process will ensure the best possible outcome for your project. Our team successfully leverages our relationships with a variety of funding sources to help you grow your portfolio.

In the recent closing of this multi-family property, Matt helped a first-time agency borrower navigate through the refinance of his project. Through the process, CommCap developed a strong business relationship with the borrower while securing competitive terms on the non-recourse loan.

Loan Amount – $2,029,000
Property Type – Multi-Family
Lender Type – Agency
Interest Rate – 3.91%
Term – 10-Year Fixed Rate
Amortization – 30-Year; 3-Year Interest Only

Learn more about this deal in Matt’s Minute.


Contact

Matthew Hoyt, Senior VP
702.792.7558
mhoyt@commcapnv.com
commcapnv.com


About CommCap Advisors

CommCap Advisors is a full-service commercial mortgage banking firm specializing in the origination and servicing of commercial loans in excess of $1.5 million. Established in 2006 by former executives of a national commercial mortgage banking company, the principal founders felt compelled to create a local firm with the expertise and commitment absent from the larger companies covering the Nevada market.

CommCap professionals have successfully arranged debt on all types of income-producing real estate including retail centers, multi-family projects, office buildings, industrial parks, self-storage facilities, manufactured housing communities, hotels, and other special-purpose properties.

CommCap Advisors represents a wide variety of funding sources including Life Insurance Companies, Investment Banks (CMBS), Bridge Lenders, Government Sponsored Agencies, and Banks.

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