Andy Klein Of Lionheart Strategic Management And Garron Robinson Of Centennial Bank Provide $174M Construction Loan For 160 Acre Development Site In Santa Maria
FINANCED
California
See Similar DealsDevelopment Site
Financed 12/30/2025
FINANCED
Andy Klein Of Lionheart Strategic Management And Garron Robinson Of Centennial Bank Provide $174M Construction Loan For 160 Acre Development Site In Santa Maria
South Blosser Road
See Similar DealsDevelopment Site
Financed 12/30/2025
Summary
CALIFORNIA
Asset Type:Development Site
Transaction Type:Loan
The asset involved in the transaction is a development site located on South Blosser Road, spanning 160 acres in the Santa Maria market. A construction loan amounting to $174,000,000 was utilized for this property.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $174,000,000
- Lender: Andy Klein - Lionheart Strategic Management
- Lender: Garron Robinson - Centennial Bank
- Broker: Zachary Streit - Priority Capital Advisory
- Date of Transaction: 12/30/2025
Key individuals involved in this transaction include Andy Klein from Lionheart Strategic Management and Garron Robinson from Centennial Bank, representing the lending parties. The transaction was brokered by Zachary Streit from Priority Capital Advisory, who facilitated the deal.
Players
BROKERAGE
LENDER
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$174,000,000.00
Monthly NOI$1,160,000.00
Monthly Debt Service$1,099,798.36
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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