Barclays Provides $137.15M Refinance Loan For Retail Property In Reno Nevada, Chicago, Albuquerque
Barclays Provides $137.15M Refinance Loan For Retail Property In Reno Nevada, Chicago, Albuquerque
Summary
The retail property located in Reno Nevada, Chicago, and Albuquerque has undergone a significant financial transaction in the form of a refinance loan. The loan was provided by Barclays, a prominent lender in the real estate industry. The loan amount totaled $137,150,000, highlighting the substantial nature of the transaction. This refinance loan offers the property owner an opportunity to restructure their debt and potentially take advantage of lower interest rates or extended loan terms.
Summary of transaction details
- Property Type: Retail
- Loan Amount: $137,150,000
- Loan Type: Refinance
- Lender: Barclays
This transaction was facilitated by Anthony Longo of Alpha Capital, who represented the borrower in securing the refinance loan. Anthony Longo's expertise and experience in the real estate market played a crucial role in ensuring a successful deal for the property owner. Alpha Capital, as the brokerage agency, demonstrated their proficiency in navigating the financing landscape and negotiating favorable terms for their client.
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