The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



TEXAS/SOUTHWEST NEWS
Printer-friendly Version   Email an Associate
Remington Nevada Secures $36 Mil Financing for Completion of Las Vegas Retail Center

7/14/17

Remington Nevada has secured a $36.7 mil loan to refinance the existing debt and finance the remaining construction on its 101k sf Mountains Edge Marketplace retail project in southwest Las Vegas. The new financing, consisting of a $16.6 mil senior secured term loan and a $20.1 mil delayed draw term loan for future construction costs, tenant improvements and leasing costs, was originated by Calmwater Capital.

Mountains Edge Marketplace, anchored by Albertsons, is located at the corner of Blue Diamond Rd and South Buffalo Dr. The property is situated at the entrance to the 14,000-home, Mountains Edge master-planned community, one of the top-selling master-planned communities in the country from 2010 to 2014.

Albertsons opened its 55k sf store in April. Remington Nevada has since secured a variety of regional and national tenants that will open their doors upon the property’s completion. These include Chase Bank, Burger King, Del Taco and Orange Theory Fitness.

The property, covering 21 acres, is slated for final completion in late 2018. It is one of the few grocery-anchored shopping centers to be developed in the immediate area, making it a prime location for junior anchors, shop tenants and restaurants.





Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media