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FSL Holding Properties, LLC
Phoenix, Arizona
Term Loam
This is the third facility MultiBank funded along with a participating bank to acquire 5 residences for group homes in Arizona. Foundation for Senior Living has worked for more than 25 years to improve the quality of life for individuals and families, helping Arizonans that face issues of hunger, disabilities, aging, illness, loneliness, and substandard housing..
Referred By: Johnson Bank
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Fort Mojave Indian Tribe
Bullhead City, Arizona
Term Loan
Through a partnership with Compass Bank as the lead lender, MultiBank provided a pari passu participation in a loan to Fort Mojave Indian Tribe for the construction of a multi-media event center on tribal lands north of
Bullhead City, Arizona.
Referred By: Compass Bank
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Goodwill Industries of Central Arizona, Inc.
Surprise, Arizona
Real Estate Term Loan
MultiBank subordinated to a real estate term loan from Bank of America for the purchase of land and costs associated with the construction of a new store in Surprise, Arizona. Goodwill serves the disabled and others facing barriers to employment.
Referred By: Bank of America
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KDAP - Douglas Broadcasting, Inc.
Douglas, Arizona
Term Loan
In conjunction with PPEP Micro business and Housing Development Corporation (PMHDC) in Tucson, Arizona, MultiBank provided funding for the purchase of Radio stations KDAP AM and KDAP FM in Douglas, Arizona. This transaction permitted the retention of a long-standing business in this border community.
Referred By: PMHDC
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Kachina Boats, Inc.
Phoenix, Arizona
Line of Credit
MultiBank's initial term and working capital loans assisted Kachina in doubling its boats production space and renovating its showroom and offices. Kachina's current loan helps support the manufacturing of hig performance boats.
Referred By: Bank of America
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Latch School, Inc.
Phoenix, Arizona
Term Loan
A loan was made in conjunction with Wells Fargo Bank providing for permanent working capital. Latch School is a prior borrower who administers special education to students with cognitive, emotional, orthopedic, and/or behavior disabilities.
Referred By: Wells Fargo Bank
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Saguaro Garden Limited Partnership
Florence, Arizona
Real Estate Term Loan
Saguaro Gardens, a 72-unit apartment complex, is a low income housing project that provides affordable housing for residents in Florence, Arizona. MultiBank provided refinancing of the complex.
Referred By: Chase Bank
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