Fm Capital originates $4.08 Million Loan for Multifamily property in Las Vegas, Nevada

Jun 5, 2019

FM Capital is pleased to announce a $4.08 Million Bridge loan origination for the acquisition of a 60-unit multifamily property in Las Vegas, Nevada.
Built in 1983, The Crossroads at Rochelle benefits immensely from its prime time location. Being only minutes away from the Las Vegas Strip, McCarran International airport, and direct access to the Las Vegas Freeway and I-515.
“This Value-add property gives the new sponsorship a great opportunity to increase rent prices in a market where rents are drastically low”, Says FM Capital’s Principal, Aaron Kurlansky.