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

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.