Gantry Secures $17M Refinance Loan For Silverado Commerce Center In Las Vegas

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.