The borrower was an existing client who requested long-term financing at maximum leverage to accommodate his 1031 exchange. CommCap was able to provide the desired loan structure and meet the borrowers closing date.
Loan Highlights
Property Type: Retail
Property: Walgreens
Lender Type: Bank
Loan Type: Acquisition
Loan Amount: $2,550,00
Term: 10 Years
Amortization: 30 Year
Non-Recourse
Adam Gregory Shelly Dunbar
702-792-7560 775-345-3659
Agregory@commcapnv.com Sdunbar@commcapnv.com
