Rastegar Property Company LLC Secures $4.6M Loan For Development Site In Kyle

A senior fixed-rate loan of $4,600,000 has been secured for the development site located at 11708 McAngus Road and 700 Bunton Lane in Kyle. The loan transaction was facilitated by Ronald Granite and Elena Burgos of Eyzenberg & Company on behalf of Rastegar Property Company LLC.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $4,600,000
• Address: 11708 McAngus Road & 700 Bunton Lane, Kyle
• Market: Kyle
• Landlord: Rastegar Property Company LLC
• Brokers: Ronald Granite & Elena Burgos - Eyzenberg & Company

The financing, provided in the form of a senior fixed-rate loan, enables further progress on the development site in Kyle. This transaction is a significant step forward for Rastegar Property Company LLC, as they continue to enhance their real estate portfolio in Kyle's market.