Updated Oct 25, 2024
X-Caliber Rural Capital & CastleGreen Finance Loan $33.5M For Industrial Property In Madera, CA
3211 Aviation Dr Madera, CA 93637, USA
$33,500,000
Building Size
—
Asset Type
Development Site
Closing
Aug 4, 2023
About this deal
AI
The industrial property located at 3211 Aviation Drive in Madera, CA was involved in a recent loan transaction. The property is valued at $33,500,000 and consists of industrial space. The loan was provided by X-Caliber Rural Capital and CastleGreen Finance.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $33,500,000
- Lender: X-Caliber Rural Capital & CastleGreen Finance
The loan comprised of a combined transaction with a $29.5 million USDA loan and $4 million C-PACE financing. The USDA loan and C-PACE financing were utilized to support the transaction and facilitate the acquisition of the property.
On the Map
$33,500,000
Development Site
View full map
Players
Madera Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
Loading comparables…
Deal FAQ
Browse California development site loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.47%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93