Gantry Arranges $16.7M Refinance Loan For Plaza Colonial Mixed-Use Property In Tucson

A refinance transaction has taken place involving a mixed-use property located at 2840-2890 East Skyline Drive and 6375 North Campbell Avenue in Tucson, AZ. The asset encompasses a total square footage of 83,869. The refinance was executed for a total loan amount of $16,700,000 with a fixed rate for five years featuring full-term interest-only payments.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $16,700,000
• Loan Terms: Five-year, fixed-rate loan with full-term interest-only payments
• Address: 2840-2890 East Skyline Drive & 6375 North Campbell Avenue
• Market: Tucson, AZ
• Asset Square Footage: 83,869
• Brokers: Patrick Barkley & Chad Metzger - Gantry

Gantry facilitated the refinance for Plaza Colonial, representing the private borrower in this transaction. The loan was provided by a balance sheet lender, highlighting the roles of Patrick Barkley and Chad Metzger in arranging this financial agreement.