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1300 Falahee Road

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

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

1300 Falahee Road

$13,500,000

$18/SF

Building Size

725,000 SF

Asset Type

Industrial

Closing

Jul 30, 2025

AI

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

Parallel CRE

Broker

$694.8M

vol

13 deals

Broker
Parallel CRE
Parallel CREBrokerage
Samuel Kwadrat

Samuel Kwadrat

Rhine Legacy Capital

Lender

$78.5M

vol

8 deals

Lender
Rhine Legacy Capital
Rhine Legacy CapitalLender
Moshe Bloorian

Moshe Bloorian

GreyHill Group

Landlord

$94.4M

vol

12 deals

Landlord
GreyHill Group
GreyHill GroupLandlord

Jackson 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

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93