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Samuel Kwadrat Of Rhine Legacy Capital Provides $13.5M Loan To Moshe Bloorian In Jackson MI

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FINANCED
$13,500,000

Michigan

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Industrial725,000 SF
Financed 07/31/2025
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FINANCED

Samuel Kwadrat Of Rhine Legacy Capital Provides $13.5M Loan To Moshe Bloorian In Jackson MI

1300 Falahee Road

See Similar Deals
Industrial725,000 SF
Financed 07/31/2025
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Summary

MICHIGAN
Asset Type:Industrial
Price Per Square Foot:$18
Total Square Footage:725,000 SF
Transaction Type:Loan

The asset involved in this transaction is an industrial property located at 1300 Falahee Road in Jackson, MI, with a total square footage of 764,000. The loan amount is $13,500,000, and the loan type is categorized as an acquisition with terms spanning 18 months plus an extension option.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $13,500,000
  • Loan Type: Acquisition
  • Loan Terms: 18 months + extension
  • Lender: Samuel Kwadrat - Rhine Legacy Capital
  • Landlord: Moshe Bloorian - Greyhill Group
  • Broker: Richard Sutton - Parallel CRE

Key individuals involved in the deal include Samuel Kwadrat from Rhine Legacy Capital, who is serving as the lender, and Moshe Bloorian, representing the landlord through Greyhill Group. The transaction was brokered by Richard Sutton from Parallel CRE, facilitating the details of this loan agreement.

Players

Richard Sutton
13 deals$694.8M volume
BROKER

Parallel CRE
BROKERAGE

Samuel Kwadrat
8 deals$78.5M volume
LENDER


Moshe Bloorian
GreyHill Group
12 deals$94.4M volume
LANDLORD

Details

FINANCED
IMAGE: Samuel Kwadrat, Moshe Bloorian & Richard Sutton DATE: 7/31/2025 ADDRESS: 1300 Falahee Road MARKET: Jackson, MI ASSET TYPE: Industrial ~ SF: 764,000 LENDER: Samuel Kwadrat - Rhine Legacy Capital (@Rhine_Legacy_Capital) LANDLORD: Moshe Bloorian - Greyhill Group (@GreyhillGroup) BROKER: Richard Sutton (@Rich_Sutt) - Parallel CRE (@Parallel_CRE) LOAN AMOUNT: $13,500,000 LOAN TYPE: Acquisition LOAN TERMS: 18 months + extension

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$13,500,000.00

Monthly NOI$90,000.00
Monthly Debt Service$85,329.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00