Recent Transactions

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Property Name: Sunset 215 West
Location: Las Vegas, Nevada
Property Type: Industrial/Warehouse
Transaction Type: Permanent Financing
Loan Amount: $6,000,000
More Info: Christian Duffin at 702-693-4664 or contact me

Property Name: Campus Park Housing
Location: Idaho Falls, Idaho
Property Type: Apartment/Multi-Family
Transaction Type: Refinance
Loan Amount: $7,600,000
Details: This property was somewhat unique in that Phase I of the project (48 units) were 6-bedroom student housing units and Phase II of the project (72 units) were 2 bedroom, traditional apartment units.  The borrowers were paying off two separate notes and were looking to combine the debt into one loan.  The lender offered the borrowers one note on both phases with a 10-year term and 25-year amortization at a competitive interest rate.  
More Info: John Gottschall at 801-323-1023 or contact me

Property Name: Brighton Homes Building
Location: North Salt Lake, Utah
Property Type: Office
Transaction Type: Acquisition Financing
Loan Amount: $975,000
Details: Our client was looking to finance the purchase of the property and was a tenant in the building.  An added layer of complexity is that the collateral comprised 5 condominium units in a condo project that included a neighboring building and common parking area.  The lender was able to get comfortable with the ownership and condo structure and provided an attractive rate for a 16-year, fully amortizing loan.  
More Info: John Gottschall at 801-323-1023 or contact me

Property Name: Twelve 55 Living
Location: Sacramento, California
Property Type: Apartment/Multi-Family
Transaction Type: Refinance
Loan Amount: $10,600,000
More Info: Dustin Jackson at 801-323-1015 or contact me

Property Name: Weststar Plaza at Fashion Pointe
Location: South Ogden, Utah
Property Type: Retail
Transaction Type: Refinance
Loan Amount: $97,250,000
More Info: Dustin Jackson at 801-323-1015 or contact me

Property Name: Maple Springs Living Community
Location: Brigham City, Utah
Property Type: Independent and Assisted Living
Transaction Type: Permanent Financing
Loan Amount: $10,250
Details: The borrowers were looking for long term debt to pay off their construction/mini-perm loan on this newer independent/assisted living facility.  The life company lender was able to offer them a 10-year term and 27-year amortization at a competitive rate and actually increased the loan amount when the appraisal came back favorably.  The loan allowed the borrowers to refinance the existing debt and pull some capital out for their next projects.  
More Info: John Gottschall at 801-323-1023 or contact me

Property Name: Avanti at Farmington Station
Location: Farmington, Utah
Property Type: Apartment/Multi-Family
Transaction Type: Permanent Financing
Loan Amount: $17,200,000
Details: Our client was looking for long term debt to retire their construction loan on this recently completed apartment project. The lender was able to offer a 20-year term and a 40-year amortization at an attractive rate.
More Info: Dustin Jackson at 801-323-1015 or contact me

Property Name: Lonestar Industrial
Location: Orem, Utah
Property Type: Industrial/Warehouse
Transaction Type: Acquisition Financing
Loan Amount: $1,615,000
More Info: Dustin Jackson at 801-323-1015 or contact me

Property Name: Spartanburg Retail
Location: Spartanburg, South Carolina
Property Type: Retail
Transaction Type: Permanent Financing
Loan Amount: $4,500,000
Details: Our Client was looking for a fully amortizing 14 year loan, that needed to be closed in a 40 day window. We were able to provide them with a non-recourse loan with a flexible prepayment schedule. The property consists of a two tenant big box retail center in an excellent location.
More Info: Zac Barber at 801-323-1019 or contact me

Property Name: Judge Building
Location: Salt Lake City, Utah
Property Type: Office
Transaction Type: Permanent Financing
Loan Amount: $5,800,000
Details: This borrower was able to refinance the existing debt and pull a small amount of cash out due to the low LTV. The lender offered a very competitive interest rate for a 15-year term and 15-year amortization.
More Info: John Gottschall at 801-323-1023 or contact me

Property Name: Vanowen Center
Location: Canoga Park, California
Property Type: Retail
Transaction Type: Refinance
Loan Amount: $2,650,000
Details: The borrower was looking for a 3-year loan to bridge from their current retail/office use to potential redevelopment of the property to multi-family use in the next 2-3 years. The lender offered a 3-year term and 25-year amortization at a low, fixed rate which allowed the borrower to retire the maturing CMBS note.
More Info: John Gottschall at 801-323-1023 or contact me

Property Name: The Village at Church & Main
Location: Layton, Utah
Property Type: Apartment/Multi-Family
Transaction Type: Permanent Financing
Loan Amount: $8,900,000
Details: Our client was looking for long term debt to retire their construction loan on this recently completed, town-home apartment project. The lender was able to offer a 20-year term and a 40-year amortization at an attractive rate.
More Info: John Gottschall at 801-323-1023 or contact me

Property Name: 130 South Main Office Building
Location: Logan, Utah
Property Type: Office
Transaction Type: Refinance
Loan Amount: $750,000
Details: Our repeat client was looking to refinance their existing debit on a 14,600 SF office building in Logan, Utah.  The client wanted low-rate, non-recourse life company debt which Bonneville was able to acquire for them through its correspondent life company relationships.
More Info: Dustin Jackson at 801-323-1015 or contact me

Property Name: Cottonwood Heights Self Storage
Location: Cottonwood Heights, Utah
Property Type: Self Storage
Transaction Type: Refinance
Loan Amount: $2,975,000
More Info: Dustin Jackson at 801-323-1015 or contact me

Property Name: Claradon Village Apartments
Location: West Haven, Utah
Property Type: Apartment/Multi-Family
Transaction Type: Permanent Financing
Loan Amount: $22,179,000
More Info: Dustin Jackson at 801-323-1015 or contact me

Property Name: Sego 28 Townhomes
Location: Salt Lake City, Utah
Property Type: Apartment/Multi-Family
Transaction Type: Permanent Financing
Loan Amount: $5,800,000
More Info: Dustin Jackson at 801-323-1015 or contact me

Property Name: AFW Retail Center
Location: American Fork, Utah
Property Type: Retail
Transaction Type: Refinance
Loan Amount: $7,200,000
More Info: Henry Schwendiman at 801-323-1030 or contact me

Property Name: Turnberry Apartments
Location: Salt Lake City, Utah
Property Type: Apartment/Multi-Family
Transaction Type: Refinance
Loan Amount: $15,700,000
More Info: Henry Schwendiman at 801-323-1030 or contact me

Property Name: M&M Rainbow Center
Location: Las Vegas, NV
Property Type: Mixed Use
Transaction Type: Refinance
Loan Amount: $1,050,000
Details: A new client had a need to refinance out of a distressed situation which Bonneville was able to accomplish because of its relationships with local lending institutions.
More Info: Christian Duffin at 702-693-4664 or contact me

Property Name: Legacy Village Apartments
Location: Logan, UT
Property Type: Apartment/Multi-Family
Transaction Type: Refinance
Loan Amount: $9,400,000
Details: This repeat borrower was able to lock the rate for this refinance in April for a December funding at a very attractive interest rate. This allowed the borrower to significantly reduce the prepayment penalty on the debt they paid off. This life company was able to offer a fixed-rate, 15-year term with a 30-year amortization.
More Info: John Gottschall at 801-323-1023 or contact me