CHZ Investments Secures 95% LTC Construction Loan For Mixed-Use Property On Old Bandera Road In San Antonio

CHZ Investments, LLC has closed a transaction for a mixed-use property located at 14743 Old Bandera Road in San Antonio. The property is in the market for a loan deal secured from Mortgage REIT. The transaction, facilitated by WelcomeLend brokers Cameron Huard and Will Macfee, took place on April 1, 2021. The loan type is a construction loan, with loan terms of 95% loan-to-cost (LTC) and a quick-close construction loan.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: Not specified
• Address: 14743 Old Bandera Road
• Market: San Antonio
• Landlord: CHZ Investments, LLC
• Lender: Mortgage REIT
• Brokers: Cameron Huard & Will Macfee - WelcomeLend
• Loan Type: Construction Loan
• Loan Terms: 95% LTC, quick-close construction loan

CHZ Investments, LLC secured the loan deal for the mixed-use property at 14743 Old Bandera Road in San Antonio. The deal was made possible through the assistance of WelcomeLend brokers Cameron Huard and Will Macfee. The specific loan amount and square footage of the property were not disclosed.