Updated Oct 13, 2026
Steven McCraney Of McCraney Property Company Secures $60.07M Construction Loan In Rock Hill SC
Firetower Road
$60,067,200
Building Size
—
Asset Type
Industrial
Closing
Oct 15, 2026
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 1952 Firetower Rd, Rock Hill, SC 29730. The loan amount secured for this property is $60,068,128, and the loan type is construction. The market value is in Rock Hill, SC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $60,068,128
- Borrower: Steven McCraney - McCraney Property Company and AEW
- Brokers: Melissa Rose, Michael DiCosimo, Magnus Kron, Kate Rathman & Nicole Diaz - JLL
- Loan Type: Construction
This transaction involves key individuals and companies including Steven McCraney, who represents McCraney Property Company, and AEW. The brokers facilitating the loan include Melissa Rose, Michael DiCosimo, Magnus Kron, Kate Rathman, and Nicole Diaz, all representing JLL in this deal.
On the Map
$60,067,200
Industrial
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Players
Rock Hill 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
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93