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$2.5 Million Loan to Refinance Office Building in Las Vegas

Eagle Group Finance provided a private borrower with a $2.5 million loan to refinance an office building located in a prestigious suburb of Las Vegas, Nevada. The building, located at the northeast corner of Hualapai and the 215 Beltway, is currently 98% occupied, and boasts a 50 foot digital marquee reader, as well as ample parking space and high-quality finishes throughout. The 18-month, non-recourse, interest-only loan will be used to refinance an existing loan and buy out a current partner.

The borrower owns numerous properties in the Las Vegas area and has an in-depth knowledge of the market. He plans to put the building on the market after the loan closing.

Funding in as few as 14 days

iBorrow closes deals quickly and reliably within 2-4 weeks. Contact us to learn more or apply today!

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