BEB Capital Provides $6.96M Acquisition Loan For 366.8K SF Industrial Property In Detroit

The industrial property located at 12640 Burt Rd in Detroit, MI has been involved in a recent transaction. The property spans an area of 366,800 square feet and is categorized as an industrial asset.

Summary of transaction details:

• Property Type: Industrial
• Transaction Date: 07/14/2022
• Address: 12640 Burt Rd
• Market: Detroit, MI
• Loan Type: Acquisition
• Lender: BEB Capital - Sean Silverbrook, Keyvan Ghaytanchi & Lee Brodsky
• Landlord: SFG Equities LLC
• Loan Amount: $6,965,000

The transaction involved a loan provided by BEB Capital in the amount of $6,965,000. The loan was utilized for the acquisition of the industrial property on Burt Rd. The individuals involved in the loan process include Sean Silverbrook, Keyvan Ghaytanchi, and Lee Brodsky. On the other hand, SFG Equities LLC acted as the landlord in this transaction.