Updated Oct 14, 2025
Chris Merchant Of Malabar Hill Capital Purchases Development Site From Signorelli Company In Porter
Valley Ranch Crossing Drive
Building Size
28,800 SF
Asset Type
Development Site
Closing
Oct 1, 2025
About this deal
AI
The asset involved in this transaction is a development site located at 0 Valley Ranch Crossing Drive, Porter, featuring a building square footage of 28,800 and overall square footage of 28,800, situated on 3.2 acres.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Buyer: Chris Merchant - Malabar Hill Capital
- Seller: Signorelli Company
- Date of Transaction: 10/02/2025
Chris Merchant represents Malabar Hill Capital in the purchase of the development site from Signorelli Company, marking a significant deal in the local property market.
On the Map
Development Site
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Players
Porter Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Deal FAQ
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