Permanent Financing – Phoenix, AZ

  • Loan Amount: $1,575,000
  • Purpose: Acquisition Loan
  • Private Lender
  • LTV: 60%
  • Rate: 15% Fixed
  • Term: 8 Years
  • Amortization: 25 year
  • Guaranty: Partial Recourse

Transaction Details:
Tower Capital has arranged permanent financing with partial recourse for the acquisition of a single-tenant NNN lease on a retail pad in the Phoenix, MSA.  The loan is fixed at 4.15% for 8 years with a 25-year amortization.  The loan has a 2% prepayment penalty through the loans duration that is waived for a sale to a third party.

About Tower Capital:
Tower Capital was founded to enable owners of commercial real estate to achieve their investment goals with the least amount of time, energy, and cost, while creating surety of execution and peace of mind.

Established in 2015 and headquartered in Phoenix, Arizona, Tower Capital provides customized structured financing to investors throughout the United States. We specialize in debt and equity placement ranging from $2 Million to $100 Million and have financed over $1 Billion for our clients since inception. We focus on independent financial advising with an entrepreneurial mindset, market vigilance and personalized attention to every client.