{"id":1004040170,"date":"2012-05-09T12:51:14","date_gmt":"2012-05-09T20:51:14","guid":{"rendered":"https:\/\/test.commercialsearch.com\/news\/?p=1004040170"},"modified":"2022-12-08T08:35:01","modified_gmt":"2022-12-08T16:35:01","slug":"passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\/","title":{"rendered":"Passco Arranges $25.8m To Refinance Silver City Plaza Shopping Center In Las Vegas"},"content":{"rendered":"
(Las Vegas, NV, May 8, 2012<\/strong><\/span>) \u2014 PASSCO Companies LLC has negotiated a $25.8 million loan to refinance Silver City Plaza, a 41,583-square-foot neighborhood shopping center in Las Vegas. The new loan was arranged through Jonathan Schurgin and Jeff Giudice with Cantor Commercial Real Estate, an affiliate of Cantor Fitzgerald, and was uniquely structured to accommodate a challenged market. Alan Clifton, Vice President Strategic Investments represented Passco in the transaction.<\/span><\/span><\/div>\n
The center, which is situated on 1.92 acres at 3001 South Las Vegas Boulevard, is located at the intersection of Las Vegas Boulevard and Convention Center Drive on the northern end of the \u201cLas Vegas Strip\u201d, less than one block from the new $2.4-billion Wynn Las Vegas and Encore Resort and less than a mile from the Fashion Show Mall and Las Vegas Convention Center.<\/span><\/span><\/div>\n
Silver City Plaza is anchored by Ross Dress for Less and Walgreens.\u00a0 Other tenants include Denny\u2019s restaurant, a 7-Eleven store, Paramount Marketing Consultants, Inc., and the Crazy Ely gift shop.<\/span><\/span><\/div>\n
The fastest growing region in the nation, PASSCO is committed to Las Vegas and Clark County, which doubles its population every 10 years.\u00a0<\/span>The company\u00a0<\/span>is involved with an industrial business park in North Las Vegas, which is the region\u2019s newest industrial hub due to its close proximity Interstate 15.\u00a0 The project is situated on a 20-acre site and includes 19 buildings, totaling 270,000 square feet. The company also owns the 45,000-square-foot Eastwind Center, a neighborhood shopping center located in the unincorporated area of Clark County known as Paradise that is anchored by Smith\u2019s grocery store, Walgreen\u2019s, Jack in the Box and KFC restaurants.<\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"

PASSCO Companies LLC has negotiated a $25.8 million loan to refinance Silver City Plaza, a 41,583-square-foot neighborhood shopping center in Las Vegas.<\/p>\n","protected":false},"author":1201,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004040170","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nPassco Arranges $25.8m To Refinance Silver City Plaza Shopping Center In Las Vegas - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Passco Arranges $25.8m To Refinance Silver City Plaza Shopping Center In Las Vegas\" \/>\n<meta property=\"og:description\" content=\"PASSCO Companies LLC has negotiated a $25.8 million loan to refinance Silver City Plaza, a 41,583-square-foot neighborhood shopping center in Las Vegas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-05-09T20:51:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T16:35:01+00:00\" \/>\n<meta name=\"author\" content=\"Nicholas Ziegler\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\\\/\"},\"author\":{\"name\":\"Nicholas Ziegler\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ff3a837f33daecfcf8978b405eaae20c\"},\"headline\":\"Passco Arranges $25.8m To Refinance Silver City Plaza Shopping Center In Las Vegas\",\"datePublished\":\"2012-05-09T20:51:14+00:00\",\"dateModified\":\"2022-12-08T16:35:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\\\/\"},\"wordCount\":276,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/passco-arranges-25-8m-to-refinance-silver-city-plaza-shopping-center-in-las-vegas\\\/\",\"name\":\"Passco Arranges $25.8m To Refinance Silver City Plaza Shopping Center In Las Vegas - 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