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.”
For more information about CORE Advisory Partners, visit coreadvisorypartners.com
ABOUT CORE ADVISORY PARTNERS
CORE Advisory Partners (“CORE”) is a full-service capital markets brokerage firm that markets, structures, and closes real estate capital solutions on behalf of real estate developers and investors. The firm’s Principals have successfully closed more than $3 billion of commercial real estate transactions. CORE specializes in Construction Financing, Value-Add for transitional properties, Permanent Financing for stabilized properties and restructuring. CORE is located at 10801 West Charleston Blvd., Ste. 275, Las Vegas, NV, 89135 or online at coreadvisorypartners.com. NMLS# 1824093
ABOUT THE CALIDA GROUP
The Calida Group is a leading developer, investor, and operator of multifamily real estate properties in the western United States. Founded in 2007 by Douglas Eisner and Eric Cohen, the principals have developed or acquired more than 20,000 multifamily units, and its senior management combines over 100 years of real estate experience. The Calida Group invests roughly $1 billion annually across three primary strategies (Development, Value-Add Acquisitions and Core-Plus Acquisitions) on behalf of a series of discretionary commingled funds serving the family office and ultra-high net worth communities, as well as forming partnerships with many of the nation’s largest financial institutions.
