Blue Ledge Group Secures $12.7 Million Acquisition Loan From INTRUST Bank For Industrial Asset In Topeka
925 Southwest University Boulevard
$12,700,000
Building Size
—
Asset Type
Industrial
Closing
Dec 22, 2025
AI
The asset involved in this transaction is an industrial property located at 925 Southwest University Boulevard, Topeka, KS. The loan amount provided for the acquisition of this property is $12,700,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,700,000
- Lender: INTRUST Bank
- Landlord: Blue Ledge Group
- Landlord's Representative: Morris Betesh, Omar Ferreira, Jacob Petrovic & William Farrell - Arrow Real Estate Advisors
- Loan Type: Acquisition
The deal involves several participants from Arrow Real Estate Advisors, specifically Morris Betesh, Omar Ferreira, Jacob Petrovic, and William Farrell, who represented the landlord, Blue Ledge Group, in this transaction. They played a significant role in facilitating the acquisition financing for the property.
Players
Topeka Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93