ATTORNEY PRESTON REZAEE OPENS NEW HEADQUARTERS WITH HELP FROM SBA LOAN

Posted by Yolie De Hoyos
On January 4, 2017
In Blog

ATTORNEY PRESTON REZAEE, PUBLISHER OF VEGAS LEGAL MAGAZINE, OPENS NEW HEADQUARTERS WITH HELP FROM SBA LOAN

Nevada State Development Corporation facilitates $1.26 million finance package for newly renovated downtown Las Vegas law office

The Firm, a Professional Law Corporation, has established an extraordinary reputation as a boutique legal practice designed to provide a wide range of legal services to Southern Nevada residents.

The founder, Preston Rezaee, Esq., is a busy man these days, having established Vegas Legal Magazine, one of Southern Nevada’s premier glossy magazines. Recent cover stories have featured President-elect Trump, Hillary Clinton, former Mayor Oscar Goodman, and District Attorney Steve Wolfson.

Rezaee recently closed financing on a $1.26 million loan package to purchase a new headquarters at 630 S. 3rd Street in downtown Las Vegas. The package includes a $495,000 low-interest SBA loan arranged with the assistance of Nevada State Development Corporation, the state’s largest SBA loan provider.

The new headquarters is in a prime location about one block from the Regional Justice Center and the Foley Federal Building.

“I have always tried to take the broader perspective, and I knew that in order to control the destiny of The Firm and the magazine, we could no longer lease our offices,” Rezaee said. “We would have to do a better job controlling our monthly overhead and that meant owning. We turned to Nevada State Development Corporation, and I couldn’t be happier with the outcome.”

The building was emblematic of much of downtown Las Vegas real estate: It had solid bones, but prior to renovation it was hopelessly out of date regarding the interior and creature comforts.

Rezaee worked with Paola Gonzalez, Vice President/Business Development Officer, and Vilinh Lu, Vice President/Senior Loan Officer at NSDC.

“He had a vision to completely renovate from top to bottom, using his own design ideas and coming up with a truly professional environment that speaks volumes on how The Firm does business.,” Gonzalez said.

Lu said: “This is why I say the NSDC team has the best jobs in Las Vegas. We put a business person in a position to invest in a huge way in their own operations. Instead of a rent check, he’s gaining equity. Instead of 20 or 30 percent down, this took only 10 percent down. And instead of settling for a class C interior, we were able to provide a loan that allowed all of the tenant improvements to become part of the main loan. It was a win-win all the way around — a beautiful place, and look what it’s done for downtown Las Vegas.”

The Firm’s motto is “Big Firm Power, Small Firm Care and Attention.” The practice’s attorneys seek to maintain a personal bond with each client with the goal of forming lifelong attorney-client relationships. Their aggressive litigation style places clients’ best interests at the forefront of every legal matter, from traffic tickets to criminal jury trials to multimillion-dollar business deals.

For more information on The Firm, a Professional Law Corporation please visit prestonrezaee.com.

Yolie De Hoyos
I am Yolie De Hoyos, a seasoned professional with over 16 years of experience in the SBA 504 loan program. With a deep understanding of the intricacies and nuances of this program, I have successfully guided numerous businesses towards securing the funding they need to thrive. Adapting to new challenges is second nature to me, as I am no stranger to the complexities of paperwork and documentation. Originally hailing from the great state of Texas, I have now made Las Vegas, NV my home. This vibrant city has provided me with a fresh perspective and endless opportunities to further grow and refine my skill set. Throughout my career, I have consistently delivered exceptional results, earning accolades for my commitment to excellence and attention to detail. I take immense pride in my ability to navigate the intricate world of finance, while also fostering strong relationships with clients and colleagues alike. As a dedicated professional, I am continuously seeking ways to expand my knowledge and stay ahead of industry trends. This commitment to ongoing learning ensures that I am always equipped with the latest insights and strategies to help my clients achieve their financial goals. With a proven track record of success and an unwavering passion for my work, I am confident in my ability to make a positive impact for small businesses.

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