Ari Rastegar & Tyler Fan Secure $25M Refinance Loan For 355,000 SF Industrial Property In Del Valle
11708 Mcangus Road
$25,000,000
$70/SF
Building Size
355,000 SF
Asset Type
Industrial
Closing
Jan 30, 2026
AI
The asset involved in the transaction is an industrial property located at 11708 Mcangus Road in Del Valle. The property has a total square footage of 355,000 and is part of a refinance transaction amounting to $25,000,000 with a 7-year fixed rate loan.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $25,000,000
- Loan Type: Refinance
- Loan Terms: 7 Year Fixed Rate
- Lender: Aegon Asset Management
- Landlord: Ari Rastegar & Tyler Fan - Rastegar Property Company
- Broker: Michael Guterman - Bellwether Enterprise (BWE)
Key individuals involved in this transaction include Ari Rastegar and Tyler Fan, who act as the landlords and are affiliated with Rastegar Property Company. The brokerage services for the deal were provided by Michael Guterman from Bellwether Enterprise (BWE), who facilitated the refinancing process through Aegon Asset Management.
Players
Del Valle 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93