Anibal Duarte Secures $2,650,000 Bridge Loan From Brenden Kardash For Commercial Asset In Garland

The asset involved in this transaction is a commercial property located at 2006 West Buckingham Road in Garland, Texas. It features a total square footage of 12,710 and is categorized as a mixed-use retail asset. The loan amount for this asset purchase is $2,650,000, structured as a bridge loan with terms set for 18 months.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $2,650,000
• Lender: Brenden Kardash - Easy Close Capital & Jamsa Group
• Borrower: Anibal Duarte
• Originator: Samuel Warshofsky
• Market: Garland
• Loan Type: Bridge
• Loan Terms: 18 Months

This transaction sees Jamsa Group and Easy Close Capital collaborating to facilitate the loan for the borrower, Anibal Duarte. The borrower is recognized as a skilled laundromat operator entering the Texas market for the first time. The financing aims to support the expansion of Duarte's business and enhance its reach within new market segments, thereby benefiting the local community.