The first phase of Silverado Commerce Center in Las Vegas, an industrial property with two fully occupied buildings totaling 141,000 square feet, has secured a $17 million fixed-rate refinance loan. The loan, arranged by Gantry, will pay off the developer's construction loan and has a 10-year term with a 30-year amortization schedule.

Summary of Transaction Details:

• Property Type: Industrial
• Transaction Amount: $17,000,000
• Loan Type: Refinance
• Loan Terms: 10-year loan, fixed rate, 30-year amortization schedule
• Address: 4680 Silverado Ranch Boulevard, Las Vegas
• Market: Las Vegas
• Broker: Chris Funai - Gantry

Gantry, led by Chris Funai, facilitated the $17 million fixed-rate refinance for the industrial property in Las Vegas. The loan will provide financial stability to the developer by paying off the construction loan and offering a favorable interest rate over a 10-year term. The 30-year amortization schedule ensures a manageable repayment structure.