Suday Properties Secures $8.59 Million Refinance Loan For Three Industrial Properties In Del Rio TX
Texas
See Similar DealsSuday Properties Secures $8.59 Million Refinance Loan For Three Industrial Properties In Del Rio TX
694 Farley Street, 770 Farley Street & 676 Farley Street
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Three industrial properties located at 694 Farley Street (60,000 SF), 770 Farley Street (100,000 SF), and 676 Farley Street (70,000 SF) in Del Rio, TX, are owned by Suday Properties. A loan refinance was secured for a total amount of $8,587,000, with an interest rate of 5.72%. The loan has a 5-year term and a 25-year amortization schedule, with no PPP.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,587,000
- Loan Type: Refinance
- Loan Terms: 5.72%, 5-Year Term, 25-Year Amortization, No PPP
- Broker: Joy Neman - Dansker Capital Group
- Landlord: Suday Properties
Joy Neman from Dansker Capital Group arranged the financing for this transaction. Dansker Capital Group is a national commercial mortgage brokerage specializing in middle-market transactions across all asset types. They negotiated competitive terms for Suday Properties, ensuring a favorable interest rate and increased loan proceeds through active negotiation and a close lender relationship.
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