Helix, an Arizona-based commercial real estate investment, development, brokerage and management company, recently closed a $5.83 million private loan deal.
Helix provided private financing for a 52,134 square feet shopping center located at Bell and Reems Roads in Surprise, Ariz. The shopping center is 100 percent leased and Mountainside Fitness is the anchor tenant, occupying 75 percent of the center. Mountainside Fitness has extended its lease through December 2025.
“With our first private financing deal a success, we are excited to expand our footprint in the marketplace and create the most value for our clients,” said Ryan Spiekerman, founding principal of Helix Properties.
Helix recently expanded its services to include private lending programs to commercial, residential and fix and flip loans. Its lending platform caters to quick closes and value-add opportunities for borrowers to take advantage of unique buying opportunities.