Growth Holdings Secures $85M Construction Loan For Development Site In Las Vegas

A development site located in Otonomus, Las Vegas, Nevada has been involved in a closed transaction. The property, which was the subject of a construction loan, is owned by Growth Holdings and is being developed for future use.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $85,000,000
• Lender: HALL Structured Finance - Brad Ferguson
• Landlord: Growth Holdings
• Broker: CORE Advisory Partners
• Loan Type: Construction Loan

Brad Ferguson from HALL Structured Finance acted as the lender in this transaction, providing the $85 million construction loan to facilitate the development of the site. Growth Holdings, the landlord, owns the property and is overseeing the project. The brokerage support was provided by CORE Advisory Partners.