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1107 Wallace Drive

Updated Oct 29, 2026

Sammy Gil Of Fairwinds Credit Union Provides $2,000,000 Refinance Loan For Industrial Asset In Delray Beach
FINANCEDIndustrial

Sammy Gil Of Fairwinds Credit Union Provides $2,000,000 Refinance Loan For Industrial Asset In Delray Beach

1107 Wallace Drive

$2,000,000

$289/SF

Building Size

6,900 SF

Asset Type

Industrial

Closing

Oct 23, 2026

About this deal

AI

The property asset involved in the transaction is an industrial facility located at 1107 Wallace Drive in the Delray Beach market. The asset encompasses a total square footage of 6,900 and is associated with a loan amount of $2,000,000 for a refinance type loan.

Summary of transaction details:

Key individuals involved in the deal include Sammy Gil representing Fairwinds Credit Union as the lender, while Brad Beattie acts on behalf of Janover Capital LLC representing the landlord in this transaction.

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$2,000,000

$289/SF

Industrial

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Players

Brad Beattie

Janover Capital LLC

Broker

$2M

vol

1 deal

Broker
Sammy Gil

Sammy Gil

Fairwinds Credit Union

Originator

$9.9M

vol

3 deals

Originator
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Delray Beach Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Deal FAQ

About $289 per square foot on a published $2M for 6,900 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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