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$8,750,000 | Sahuarita, AZ building

$8,750,000
Sahuarita, AZ

Transaction Type

Cash-out Loan Refinance

Non-Recourse

Loan Type

Permanent Loan

Situation & Challenges

  • Exurban location
  • Borrower’s business plan was to hold property long term

Solutions & Highlights

  • Strong market fundamentals despite location outside of the suburbs
  • Simplified loan structure with no ongoing reserve
  • 20-year fixed rate loan term, competitive with life companies