CORE ADVISORY PARTNERS ARRANGES FINANCING FOR 3900 PARADISE
LAS VEGAS – CORE Advisory Partners (“CORE”), a full-service capital markets brokerage firm headquartered in Las Vegas, NV, successfully arranged $22.92 million in financing for the 3900 Paradise retail center. The property, a 65K square feet retail center, is tenanted by a combination of national companies and local staples including CitiBank, Tacos & Beer, Cleaver and others. The property is a part of a broader mixed use project by The Calida Group that will integrate the retail with 388 luxury apartment units that are currently under construction. The combined property is located in an opportunity zone and is the second large investment that The Calida Group has made in the convention center corridor.
“3900 Paradise is a great property in the heart of Las Vegas,” said Francis Abrao, Chief Executive Officer of CORE Advisory Partners. “We’re always happy to work with the property’s owners, helping them obtain the best rates in their financing. The property is the home to some great local businesses which service the community, and CORE is always willing and able to meet the financing needs of these properties throughout the State and country.”