Black Bear Capital Partners Provides $6.1M Construction Loan For 35K SF Industrial Flex Property In Las Vegas

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.