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Rhino Holdings Nampa, LLC (8909)
Commercial • Development • 1509 Caldwell Boulevard, Nampa, ID 83687
Loan Number: #L0000005
Available
$0
Investor Interest Rate
9%
Maturity Date
9/18/2021
Investment Summary
Rhino Holdings Nampa, LLC (8909)
Commercial • Development • 1509 Caldwell Boulevard, Nampa, ID 83687
Loan Number: #L0000005
Available
$0
Investor Interest Rate
9%
Maturity Date
9/18/2021
Rhino Holdings Nampa, LLC (8909)
Commercial • Development • 1509 Caldwell Boulevard, Nampa, ID 83687
Loan Number: #L0000005
| Full Commitment | $13,600,000 |
| Available | $0 |
| Investor Interest Rate | 9% |
| Minimal Investment Amount | $1,000 |
| Maturity Date | 9/18/2021 |
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About
About this property
Property Address
1509 Caldwell Boulevard, Nampa, ID 83687
Property Details
Rhino Investments Group, LLC established Rhino Holdings Nampa, LLC as the special purpose entity for the acquisition of the Karcher Mall located in Nampa, ID. The mall was acquired to renovate and convert the indoor shopping area into an outdoor oriented “lifestyle center”.
How the funds will be used
The borrower will utilize the funds for the demise and development of the new facility.
How the funds will be used
The borrower will utilize the funds for the demise and development of the new facility.
Financials
Borrower
Rhino Investments Group
Payment
Interest payments are paid monthly, between the 1st and the 5th of the month.
2
Term
18 months
Maturity Date
9/18/2021
Maturity date can fluctuate and is dependent on the date the loan funds.
Borrower
Rhino Investments Group
Rhino Investments Group, LLC is a private real estate acquisition and development firm. Rhino Investments principal expertise is repositioning and redeveloping underutilized, distressed or environmentally challenged commercial properties. Rhino Investments diversified portfolio includes over 3 million square feet located on over 20+ sites throughout the United States.