Project Snapshot
- Total Financing: $4,735,000
- Project Type: Retail / Single-tenant commercial property
- Loan Structure: 90% LTC
- Loan Type: Build-to-Suit
- Term: 24-Month
- Location: Arizona
NASB closed $4,735,000 in financing for a Bojangles property in Arizona, bringing a taste of Southern comfort west and proving that great chicken and biscuits aren't the only thing worth lining up for.
Structured as a 90% loan-to-cost build-to-suit loan with a 24-month term, this deal gave the borrower exactly what they needed: flexible, efficient capital on a timeline that works. It's the kind of financing that turns opportunity into action, and it's what NASB does best.
"We see strong demand for quick-service retail across high-growth Sun Belt markets, and we are glad to be a reliable capital source as these brands expand," said Adam Thomas, Vice President and Commercial Real Estate Lending Officer at NASB Investment Real Estate.
Whether it's a nationally recognized tenant or a high-potential retail asset, NASB is built to deliver tailored financing solutions that help investors move with confidence.
For more information about NASB's commercial and investment real estate financing capabilities, visit nasb.com/cre.
