Gantry Arranges $17.8 Million Refinance Loan For North Reno Plaza Retail Center
1901 Silverada Boulevard
$17,800,000
$136/SF
Building Size
130,000 SF
Asset Type
Retail
Closing
Jan 9, 2026
AI
The property involved is North Reno Plaza, a 130,000-square-foot retail asset located at 1901 Silverada Boulevard in Reno, NV. The transaction includes a refinance with a loan amount of $17,800,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $17,800,000
- Loan Type: Refinance
- Loan Terms: five-year fixed-rate, 30-year amortization schedule
- Market: Reno, NV
- Brokers: Tony Kaufmann & Alex Poulos - Gantry
The loan was arranged by Gantry and serves to replace a 2024 construction loan. The refinance supports the repositioning efforts adding multiple tenants to North Reno Plaza, including El Super, Burlington, and a free-standing Starbucks. Tony Kaufmann and Alex Poulos represented the private investor borrower in this transaction.
Players
Reno Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.89%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93