Las Vegas, NV

$33,700,000 First Mortgage

In September 2021, a $33.7 million first-lien acquisition loan was provided for Cheyenne Corporate Center, a mixed-use office and retail campus located at 3291 North Buffalo Drive in Las Vegas, Nevada. The property consists of nine buildings totaling approximately 320,000 square feet and was acquired at roughly 61% occupancy. The business plan focused on revitalizing the asset through targeted renovations and continued leasing efforts to drive stabilization and long-term cash flow growth.

The property is located in the desirable Summerlin submarket of Las Vegas, at the northwest corner of West Cheyenne Avenue and Buffalo Drive. The area benefits from strong residential demographics, proximity to major healthcare facilities, and excellent access to I-215 and U.S.-95, supporting sustained demand from office, medical, and retail tenants.