• Kyle Nagy

Recently Closed - Gardner Plaza

Updated: Mar 2, 2021


Though the pandemic created uncertainty for retail and office properties, the borrower wanted to seize upon historically low rates. By sourcing an accommodating CMBS lender and managing the entire underwriting\third party process, CommCap elevated the strengths of the transaction over the fear in the market. After exhaustive analysis and without all tenants open for business, the loan closed at the requested amount and with an interest rate reduction.

 





 

Loan Highlights


Property Type: Office/ Retail


Property: Gardner Plaza


Lender Type: CMBS

Loan Type: Refinance


Loan Amount: $17,150,000


Term: 10 year


Amortization: 30 Years


Non-Recourse

 

Kyle Nagy 702-792-7553 Knagy@commcapnv.com Sebastian Torres 702-792-7554 Storres@commcapnv.com



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