FINANCED
Black Bear Capital Partners Provides $6.1M Construction Loan For 35K SF Industrial Flex Property In Las Vegas
West Pebble & El Camino Road
Industrial
70,172 SF
70,172 SF
Financed 1 year ago
Summary
Loan
NEVADA
Industrial
70,172 sqft
The construction of a 35,086 square foot industrial flex property located at W Pebble & El Camino Road in Las Vegas, NV was financed through a $6,100,000 construction loan. The loan was obtained from Black Bear Capital Partners and had a term of 12 months. The property is classified as an industrial asset and is situated in the Las Vegas market.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $6,100,000
- Address: W Pebble & El Camino Road, Las Vegas, NV
- Market: Las Vegas, NV
- Square Footage: 35,086
Brandon Harris from Black Bear Capital Partners represented the borrower in securing the construction loan for this industrial property. The loan was a non-recourse loan with a fixed rate and covered 80% of the loan-to-cost (LTC). The terms of the loan provided the necessary financing for the construction process.
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Details
FINANCED
IMAGE: Brandon Harris
DATE: 10/14/2022
ADDRESS: W Pebble & El Camino Road
MARKET: Las Vegas, NV
ASSET TYPE: Industrial ~ SF: 35,086
BROKER: Brandon Harris - Black Bear Capital Partners (@BlackBearCapitalPartners)
LOAN AMOUNT: $6,100,000
LOAN TYPE: Construction
LOAN TERMS: The construction of the 35k SF industrial flex property was financed via a 12-month fixed rate non-recourse loan at 80% LTC.View on map
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AddressWest Pebble & El Camino Road
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