Updated Nov 7, 2025
LIV Development Acquires Development Site From American Landmark With Brokers Grant Raymond Asher Hall Alex Phillips
7351 Silverado Trail
Building Size
477,417 SF
Asset Type
Development Site
Closing
Nov 3, 2025
About this deal
AI
The asset involved in the transaction is a development site located at 7351 Silverado Trail in McKinney, featuring a buildable square footage (BSF) of 219,150 and a total square footage of 477,417.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Buyer: LIV Development
- Seller: American Landmark
- Date of Transaction: 11/04/2025
- Broker Representatives: Grant Raymond, Asher Hall & Alex Phillips - Cushman & Wakefield
This deal involves key players in the real estate market, with LIV Development as the buyer and American Landmark as the seller. The transaction was facilitated by brokers Grant Raymond, Asher Hall, and Alex Phillips, representing Cushman & Wakefield in this arrangement.
On the Map
Development Site
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Players
Mc Kinney Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93