(480) 889-6100 BK-0917799  |  NMLS# 396288

Recent Loan: Commercial Bridge – Civic Center

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

Leave a Reply

Contact Us

Find Us

  • 14555 N Scottsdale Rd #200
    Scottsdale, AZ 85254
  • Phone: 480.889.6100
  • Fax: 480.361.8628
  • Hours: Mon-Fri 8am-5pm

Latest Posts

  • Best Arizona Cities for Real Estate Investment Properties
    Best Arizona Cities for Real Estate Investments
    A study by Smart Asset was recently published on the best cities to purchase a real estate investment properties.  On that list, there were several Arizona cities among the top 10.  Mesa, Glendale, and Phoenix made the top 10, while Gilbert fell just short in the number...
    Read more
  • How to Prepare for the Next Recession
    How to Prepare for the Next Recession
    Economists agree that we are heading towards a recession.  They don’t know exactly when it will hit and what will cause it is still vague, but it is coming and something to expect.  This isn’t something new however, our economy tends to work itself into a cycle...
    Read more