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Writer's pictureShelly Dunbar

Recent Closing - 344 W. 2nd Street Reno, NV

The borrower needed a non-recourse construction loan due to the subject’s location within an opportunity zone. The flexibility of a debt fund was accommodating to the loan structure and potential need for a quick close for this new project in Reno, NV.

 

 

Loan Highlights


Property Type: Multifamily


Property: 344 W. 2nd Street Reno, NV


Lender Type: Debt Fund

Loan Type: Construction


Loan Amount: $13,000,000


Term: 30 Months


Amortization: Interest Only


Non-Recourse

 

Adam Gregory Shelly Dunbar 702-792-7560 775-345-3659 Agregory@commcapnv.com Sdunbar@commcapnv.com




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