Deal: TVP Retail
Location: Nampa, ID
Collateral: A newly built, 7,120 SF, 4 space in-line retail building in Nampa, ID.
Amount: $1,850,000
Type: Perm-Fixed
Purpose: This deal involved the acquisition of a four-unit, newly built in-line retail building outside of Boise, ID. As the building was still in lease-up, we needed to provide an acquisition loan before the last of the four units was leased. Through our credit-union relationships, we secured a permanent loan without the last unit being occupied.