RRA Capital Provides $6,645,125 Loan For Retail Property At 525 W. Craig Rd. In Las Vegas
FINANCED
$6,645,125
Nevada
See Similar DealsRetail76,285 SF
Financed 12/20/2013
FINANCED
RRA Capital Provides $6,645,125 Loan For Retail Property At 525 W. Craig Rd. In Las Vegas
525 W. Craig Rd.
See Similar DealsRetail76,285 SF
Financed 12/20/2013
Summary
NEVADA
Asset Type:Retail
Price Per Square Foot:$87
Total Square Footage:76,285 SF
Transaction Type:Loan
The asset involved in the transaction is a retail property located at 525 W. Craig Rd., situated in the Las Vegas market. The loan amount secured for this property is $6,645,125.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,645,125.00
- Loan Date: 12/20/2013
- Lender: RRA Capital
- Broker: John Chun (JLL)
Key individuals in this transaction include John Chun, representing JLL, who facilitated the loan agreement with RRA Capital for the aforementioned retail property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,645,125.00
Monthly NOI$44,300.83
Monthly Debt Service$42,001.71
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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