At CommCap, we pride ourselves on building long-term relationships.
With Coronado Trails Plaza, the loan and relationship was ten years in the making.
Shortly after the borrower acquired the property in 2012, Kyle met with them to discuss financing. Even though long-term debt was in place and a new loan opportunity was 10 years away, Kyle remained committed to providing market insight and financing updates. When the time came to refinance, CommCap was exclusively selected to source the new loan.
By leveraging CommCap’s Life Insurance Company relationships, we secured an early rate lock at 5.10% for the borrower. If you are looking to source a competitive interest rate early in the finance process, give us a call today.
Loan Amount: $4,300,000
Lender Type: Life Insurance
Interest Rate: 5.10%
Term: 25-yrs, 10-yrs fixed
Amortization: 25-yrs
Kyle Nagy | knagy@commcapnv.com | 702.792.7553
Sebastian Torres | storres@commcapnv.com | 702.792.7553
