DEAL FEATURES:
- 29% Loan to Value based on current appraisal
- 12-month term with optional 6-month extension
- Experienced Repeat Borrower
- Built-In Interest Reserves
- Cash out to Borrower
- 10.5% return to investors
This loan was collateralized by a first leasehold deed of trust on approximately 13,750 square feet of hangar space and approximately 1,154 square feet of office space at the North Las Vegas airport. The Borrower recently leased the entire space a to a strong tenant who has leased similar space from the Borrower and is now expanding its business. Battle Born Capital’s loan allowed the Borrower to monetize a valuable asset. The Borrower will exit the loan with conventional refinance or sale of the property.
To learn more about Battle Born Capital, LLC please visit our website at: www.battleborncap.com.
For more information regarding this loan or our overall lending capabilities, please contact us at 702-971-2238 or by email at astevens@battleborncap.com.
Battle Born Capital, LLC
3275 South Jones Boulevard, Suite 105
Las Vegas, Nevada 89146
T 702.971.2283
NMLS: #1658143
