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Trez Capital Provides $12.7M Loan For Mixed-Use Property In Georgetown

Property Image
FINANCED
$12,700,000

Texas

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Mixed-use173,369 SF
Financed 03/10/2021
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Property Image
FINANCED

Trez Capital Provides $12.7M Loan For Mixed-Use Property In Georgetown

10000 Ranch Rd 2338, Georgetown, TX, USA

See Similar Deals
Mixed-use173,369 SF
Financed 03/10/2021
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Mixed-use
Price Per Square Foot:$73
Total Square Footage:173,369 SF
Transaction Type:Loan

Owen Holdings Inc. has closed a mixed-use property transaction in Georgetown. The property is located at 10000 Ranch Rd 2338. The loan for this transaction was provided by Trez Capital, with Morley Greene representing the lender.

Summary of transaction details

  • Property Type: Mixed-use
  • Address: 10000 Ranch Rd 2338, Georgetown
  • Loan Amount: $12,700,000

The key individuals involved in this transaction are Morley Greene from Trez Capital, who acted as the lender's representative in the deal.

Players

Trez Capital
Trez Capital
LENDER

Details

FINANCED
IMAGE: Morley Greene DATE: 03/10/2021 ADDRESS: 10000 Ranch Rd 2338 MARKET: Georgetown ASSET TYPE: Mixed-use LANDLORD: Owen Holdings Inc. LENDER: Trez Capital - Morley Greene LOAN AMOUNT: $12,700,000

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$12,700,000.00

Monthly NOI$84,666.67
Monthly Debt Service$80,272.64
Change in Cash Flow$0.00
Refinance Proceeds$0.00