Matt's Minute- Fort Apache Point
Matthew Hoyt with CommCap Advisors recently refinanced Fort Apache Point, a two-building professional office project totaling 15,260 sf in Las Vegas, NV. After being presented with multiple lending options, the borrower opted to move forward with a local bank that provided financing at 70% of appraised value. In addition to obtaining a full leverage loan, it featured flexible prepay, a full 25 year term structure, and sub 4% interest rate.
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