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Basis Investment Group Provides $23.1M Bridge Loan for Industrial Building in Provo, Utah
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Basis Investment Group Provides $23.1M Bridge Loan for Industrial Building in Provo, Utah
PROVO, UTAH — Basis Investment Group has provided a $23.1 million bridge loan to Scannell Properties to facilitate the refinancing of Sierra Vista Way, a recently constructed industrial property in Provo. The bridge loan is an investment held in BIG Real Estate Fund III. Situated within Mountain Vista Business Center, Sierra Vista Way features 158,765 square feet of industrial space with direct access to I-15, US-189, SR-114 and Lakeview Parkway…
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