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$7.12 Billion Construction Loan Secured By Jamie Dimon For Industrial Asset In Abilene, TX

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FINANCED
$7,120,000,000
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 5

Texas

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Industrial4,000,000 SF
Financed 05/22/2025
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Property Image
FINANCED

$7.12 Billion Construction Loan Secured By Jamie Dimon For Industrial Asset In Abilene, TX

5502 Spinks Road

See Similar Deals
Industrial4,000,000 SF
Financed 05/22/2025
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 5
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$1,780
Total Square Footage:4,000,000 SF
Transaction Type:Loan

The property asset involved in the transaction is an industrial asset located at 5502 Spinks Road, Abilene, TX, encompassing a total square footage of 4,000,000. The loan amount for this construction deal is $7,120,000,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,120,000,000
  • Address: 5502 Spinks Road
  • Market: Abilene, TX
  • Lender: Jamie Dimon - JP Morgan
  • Landlord: Marc Zahr, Doug Ostrover & Marc Lipschultz - Blue Owl Capital; Chase Lochmiller - Crusoe Energy Systems; Bill Stein - Primary Digital Infrastructure
  • Landlord's Representative: Jordan Roeschlaub, Benjamin Kroll, Brent Mayo & Andrew Warin & Nick Scribani - Newmark
  • Loan Type: Construction

The deal involves several key individuals and organizations. The landlords of the property are Marc Zahr, Doug Ostrover, Marc Lipschultz from Blue Owl Capital, Chase Lochmiller from Crusoe Energy Systems, and Bill Stein from Primary Digital Infrastructure. The landlord's representatives during this transaction are Jordan Roeschlaub, Benjamin Kroll, Brent Mayo, Andrew Warin, and Nick Scribani, all affiliated with Newmark.

Players

Nick Scribani
192 deals$55.2B volume(212) 372-2113
BROKER

Benjamin (Ben) Kroll
Newmark
13 deals$14.6B volume
BROKER

Jordan (Jordy) Roeschlaub
Newmark
322 deals$96.3B volume
BROKER

Brent Mayo
Newmark
7 deals$22.6B volume(207) 831-2190
BROKER

Andrew Warin
Newmark
5 deals$19.6B volume(703) 232-9311
BROKER

J.P. Morgan Chase
LENDER

Details

FINANCED
IMAGE: Jordan Roeschlaub, Nick Scribani, Chase Lochmiller, Brent Mayo, Bill Stein, Jamie Dimon, Marc Zahr, Marc Lipschultz, Doug Ostrover, Andrew Warin & Benjamin Kroll DATE: 5/22/2025 ADDRESS: 5502 Spinks Road MARKET: Abilene, TX ASSET TYPE: Industrial ~ SF: 4,000,000 LENDER: Jamie Dimon - JP Morgan (@JPMorgan) LANDLORD: Marc Zahr, Doug Ostrover & Marc Lipschultz - Blue Owl Capital; Chase Lochmiller - Crusoe Energy Systems; Bill Stein - Primary Digital Infrastructure LANDLORD'S REP: Jordan Roeschlaub, Benjamin Kroll, Brent Mayo & Andrew Warin & Nick Scribani - Newmark (@Newmark) LOAN AMOUNT: $7,120,000,000 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,120,000,000.00

Monthly NOI$47,466,666.67
Monthly Debt Service$45,003,243.27
Change in Cash Flow$0.00
Refinance Proceeds$0.00