Civic Center

Civic CenterOur borrower needed a commercial bridge loan to obtain this medical office, as well as to renovate the building.  This office building has a fantastic location in Old Town Scottsdale, making it easily accessible for the potential visitors and tenants.  This building has 6 suites, half of them are already leased out, and after the renovations are completed leasing the remaining 3 suites will be easy for our borrower.

  • Loan Amount: $1,200,000
  • Term: 12-months
  • Interest Rate: 10.75%
  • Asset Type: Commercial Office
  • Loan Type: Commercial Loan