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
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