Tom Lorenzini Of Seven Hills Realty Trust Provides $28M Loan For Rise At Loop 410 In San Antonio
715 Southeast Loop 410
$28,000,000
$77/SF
Building Size
360,000 SF
Asset Type
Industrial
Closing
Jun 16, 2025
AI
An industrial facility located at 715 Southeast Loop 410 in San Antonio, comprising a total area of 360,000 square feet, is involved in this transaction. The facility was refinanced through a loan amounting to $28,000,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $28,000,000
- Loan Type: Refinance
- Lender: Tom Lorenzini - Seven Hills Realty Trust (Tremont Realty Capital)
- Landlord: Raj Menon - Grandview Partners
- Broker: Cushman & Wakefield
The deal featured Tom Lorenzini representing Seven Hills Realty Trust, responsible for originating the floating-rate bridge loan. Raj Menon represented Grandview Partners as the landlord in this refinancing transaction, while Cushman & Wakefield provided advisory services to the sponsor.
Players
San Antonio 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
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93