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  • Writer's pictureKyle Nagy

Recently Closed - Gardner Plaza

Updated: Mar 2, 2021

Though the pandemic created uncertainty for retail and office properties, the borrower wanted to seize upon historically low rates. By sourcing an accommodating CMBS lender and managing the entire underwriting\third party process, CommCap elevated the strengths of the transaction over the fear in the market. After exhaustive analysis and without all tenants open for business, the loan closed at the requested amount and with an interest rate reduction.



Loan Highlights

Property Type: Office/ Retail

Property: Gardner Plaza

Lender Type: CMBS

Loan Type: Refinance

Loan Amount: $17,150,000

Term: 10 year

Amortization: 30 Years



Kyle Nagy 702-792-7553 Sebastian Torres 702-792-7554

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