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Suday Properties Secures $8.59 Million Refinance Loan For Three Industrial Properties In Del Rio TX

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FINANCED
$8,587,000

Texas

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Industrial230,000 SF
Financed 10/29/2025
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FINANCED

Suday Properties Secures $8.59 Million Refinance Loan For Three Industrial Properties In Del Rio TX

694 Farley Street, 770 Farley Street & 676 Farley Street

See Similar Deals
Industrial230,000 SF
Financed 10/29/2025
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$37
Total Square Footage:230,000 SF
Transaction Type:Loan

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.

Players

Joy Neman
1 deal$8.6M volume(516) 673-1717
BROKER

Details

FINANCED
IMAGE: Joy Neman DATE: 10/29/2025 ADDRESS: 694 Farley Street, 770 Farley Street & 676 Farley Street MARKET: Del Rio, TX ASSET TYPE: Industrial ~ SF: 230,000 LANDLORD: Suday Properties (@SudayProperties) BROKER: Joy Neman (@JoyNeman_CRE) - Dansker Capital Group (@DanskerCapitalGroup) LOAN AMOUNT: $8,587,000 LOAN TYPE: Refinance LOAN TERMS: 5.72%, 5-Year Term, 25-Year Amortization, No PPP NOTE FROM BROKER: Dansker Capital Group is a national commercial mortgage brokerage specializing in middle-market transactions across all asset types. We provide competitive financing solutions tailored to each client’s needs. Dansker Capital Group arranged financing for three industrial properties in Del Rio, TX, owned by Suday Investments, a real estate rental company and industrial owner actively expanding their portfolio and developing build-to-suit warehouse projects. The team surveyed the market and provided competitive terms for the sponsor, securing a low 5.7% interest rate, with no PPP and no deposits. Through active negotiation and a close lender relationship, we were able to lower the rate two weeks prior to closing and increase loan proceeds, ensuring the best possible outcome for our client. For more information on how Dansker Capital Group can add value with financing, please feel free to reach out! Joy Neman | [email protected] | 516-673-1717 694 Farley Street - 60,000SF 770 Farley Street - 100,000 SF 676 Farley Street - 70,000SF

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$8,587,000.00

Monthly NOI$57,246.67
Monthly Debt Service$54,275.68
Change in Cash Flow$0.00
Refinance Proceeds$0.00