Justin Khorvash Facilitates Assumption And Purchase Of Non-performing Loan On North Las Vegas Retail Property

3960 & 4040 West Craig Road

Retail

53,184 SF

Financed 1 year ago

Summary

Loan

NEVADA

Retail

53,184 sqft

The property involved in this transaction is a retail asset located at 3960 & 4040 W. Craig Road in North Las Vegas. It has a total area of 53,184 square feet.

Summary of transaction details

Property Type: Retail
Transaction Amount: $5,962,544
Lender: Justin Khorvash
Loan Type: Purchase of Non Performing Loan; and facilitated an assumption of the loan with $1,150,000 pay down at closing.
Loan Terms: 12-Months at 7.75% + 12-Months at 1-Month LIBOR + 7.65%

Justin Khorvash represented the lender in this transaction.

Details

Deal Summary

FINANCED

IMAGE: Justin Khorvash DATE: 06/01/2022 ADDRESS: 3960 & 4040 W. Craig Road MARKET: North Las Vegas ASSET TYPE: Retail ~ SF: 53,184 LENDER: Justin Khorvash (@JKhorvash) LOAN AMOUNT: $5,962,544 LOAN TYPE: Purchase of Non Performing Loan; and facilitated an assumption of the loan with $1,150,000 pay down at closing. LOAN TERMS: 12-Months at 7.75% + 12-Months at 1-Month LIBOR + 7.65%

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Address3960 & 4040 West Craig Road

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