Rodeo Lending Closes a $3,275,000 Commercial Property Purchase and Rehab Loan in Downtown Phoenix AZ...

Deal Highlights:

62% Loan to Stabilized Value

Fund Controlled Tenant Improvements

Built –in Interest Reserves

Experienced Borrower 

The subject property is a 14,955 sq ft warehouse that was re-purposed as a retail and office space. Located in Phoenix’s Roosevelt Row, a walkable arts district full of impressive murals, art galleries, restaurants and boutiques. The iconic building has an eclectic mix of tenants including an art gallery, photography studio, café, event space and multiple co-work office space and common areas. With a fund controlled budget of $630,000 Rodeo’s loan allowed the borrowers to purchase the property and fund tenant improvements.

To View this and other recently closed transactions; please visit our Recent Funding Page on our website at: https://rodeolending.com/rodeo-lending-closes-a-3275000-purchase-and-rehab-loan-for-a-commercial-property-in-downtown-phoenix-az/

To learn more about these loans or our overall lending capabilities, please contact Marc Rabkin at 310-909-7334 or [email protected]