| Recently
Closed Deals |
Property Type
Office |
$2,100,000
Refinance
Closed a permanent loan of $2.1MM for the refinance of a 22,626 square foot office complex in North Phoenix. The loan originated at a 6.5% interest rate and adjusted every 5 years at TCM + 350 bp. The property was 76.6% occupied and cash flowed with a 1.59 DSCR. The new loan carried a term of 10 years and amortized over a 30 year period. |
 |
Property Type
Restaurant
Construction |
$1,400,000
Construction Loan
For the Construction of :
Cavecreek Roadhouse
Cavecreek, Arizona
Broker: Cynthia Cusumano |
|
Property Type
Multi-Use
Industrial |
$100,000
First Mortgage
For the Finance of :
American Muffler
Phoenix, Arizona
Broker: Vivian Florit |
|
Property Type
Multi-Use
Industrial |
$220,000
First Mortgage
For the Purchase of :
Lakefront Property
Sun City, Arizona
Broker: None |
PHOTO NOT
YET AVAILABLE
|
