First Financial Capital Provides $35M Acquisition Loan For Portfolio Of 24 Gas Stations In Fairview, OR

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.