Gindi Capital & Nakash Holdings Secures $56 Million Refinance Loan From Bank Of America
FINANCED
$56,000,000
Nevada
See Similar DealsRetail
Financed 10/20/2025
FINANCED
Gindi Capital & Nakash Holdings Secures $56 Million Refinance Loan From Bank Of America
3747 South Las Vegas Boulevard
See Similar DealsRetail
Financed 10/20/2025
Summary
NEVADA
Asset Type:Retail
Transaction Type:Loan
The asset involved in this transaction is a retail property located at 3747 South Las Vegas Boulevard in Las Vegas, NV. The loan amount for this refinancing transaction is $56,000,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $56,000,000
- Lender: Bank of America
- Landlord: Gindi Capital & Nakash Holdings
- Brokers: Nick Scribani, Ricky Braha & Adam Doneger - Newmark
- Loan Type: Refinance
The deal involves multiple key individuals, including Eli Gindi, Joseph Nakash, along with the brokers representing the transaction. The brokers play a crucial role in facilitating the deal, ensuring all terms and negotiations are managed appropriately within the realm of commercial real estate.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$56,000,000.00
Monthly NOI$373,333.33
Monthly Debt Service$353,958.09
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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