Tower Capital Arranges $13,000,000 Acquisition Loan for Historic Clift Office Building

Phoenix-based structured finance firm, Tower Capital, recently arranged a $13,000,000 acquisition loan on behalf of Salt Lake City-based private investment group to acquire the historic Clift Building located in downtown Salt Lake City.   The 105,000-square-foot multi-tenant office building consists of nine floors and features a 5,500-square-foot theater that is currently lease to the “Off…