Taguchi Equities Secures $14.65 Million Construction Loan From Banque Privée Saint-Germain In Houston

The property asset involved in this transaction is a retail space with a square footage of 40,000 located at 4101 East Sam Houston Parkway North in the Houston market. The transaction was a loan amounting to $14,650,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $14,650,000
• Lender: Banque Privée Saint-Germain
• Landlord: Taguchi Equities - Maurice Taguchi
• Broker: Simon Dilmanian - ARD Capital Group
• Loan Type: Construction + Permanent
• Loan Terms: 75% LTC, 5 years, 7.5% fixed IO during construction, 6.5% during term (25-year amortization), 50-day closing, 0.25% bank fee, no prepayment penalty after year 2

Simon Dilmanian of ARD Capital Group facilitated the loan procurement, securing terms that included a 75% construction loan at 7.5% interest during the IO construction period, transitioning to 6.5% for the remaining term. The firm’s creative structuring was aimed at maximizing leverage and achieving a low cost of capital, emphasizing efficient execution throughout the process.