Thomas Lorenzini Of Seven Hills Realty Trust Provides $22.7M Refinance Loan For Sugar Land Medical Office
1327 Lake Pointe Parkway
$22,700,000
$189/SF
Building Size
120,000 SF
Asset Type
Medical Office
Closing
Jun 9, 2026
AI
The medical office property located at 1327 Lake Pointe Parkway in Sugar Land, TX, encompasses 120,000 square feet. This asset serves as a medical office facility and is positioned in a vicinity that is near major healthcare providers. The property has been refinanced with a significant loan amount.
Summary of transation details:
- Property Type: Medical Office
- Transaction Amount: $22,700,000
- Lender: Thomas Lorenzini - Seven Hills Realty Trust
- Landlord: Jim Pisula - Pinecroft Realty; Christopher Merrill - Harrison Street
- Broker: Colliers
- Loan Type: Refinance
- Loan Terms: three-year initial term with two one-year extension options
This refinancing transaction was arranged through Colliers, representing both Harrison Street and Pinecroft Realty. The deal reflects the collaboration of key individuals: Thomas Lorenzini, who represents the lender, and the landlord representatives Jim Pisula and Christopher Merrill.
Players
Point Medical Office Market Snapshot
Boundary boundary · Medical Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93