First Financial Capital Provides $35M Acquisition Loan For Portfolio Of 24 Gas Stations In Fairview, OR
Oregon
See Similar DealsFirst Financial Capital Provides $35M Acquisition Loan For Portfolio Of 24 Gas Stations In Fairview, OR
255 Depot Street
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The asset involved in this transaction is a package deal consisting of 24 gas stations under Leatherse Enterprises Inc, situated at 255 Depot Street in Fairview, OR. The total square footage of the asset is 845,316, with a loan amount of $35,000,000 allocated for the acquisition through a defined loan structure. The loan type is categorized as an acquisition loan with interest-only terms for one year, accompanied by two free annual renewal options.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $35,000,000
- Lender: First Financial Capital
- Lender's Representative: Faraz Ghadooshahy
- Landlord: S&S Petroleum
- Loan Terms: I/O, 1 year + 2 free annual renewal options
- Note: Portfolio acquisition of 24 gas stations
Key individuals in this transaction include Faraz Ghadooshahy, representing First Financial Capital, who facilitated funding for the acquisition. S&S Petroleum acts as the landlord for the properties involved in this transaction, indicating their role within the deal.
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