Big V Property Group Secures $62 Million Acquisition Loan From US Bank For Fairfield Town Center

The asset involved in this transaction is located at 28902 Northwest Freeway in Cypress, Texas, identified as a retail property. The acquisition was financed with a loan amount of $62,000,000, categorized as an acquisition loan.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $62,000,000
• Lender: US Bank
• Borrower: Big V Property Group
• Asset Management: Manny Mendoza, Executive Director - Big V Property Group
• Asset Manager: Grant Swecker, Sr. Asset Manager - Big V Property Group
• Date of Transaction: 01/28/2026

This transaction marks Big V Property Group's first institutional joint venture and first acquisition with a fund managed by Principal Asset Management. The acquisition of Fairfield Town Center is Big V Property Group's second in the Houston area, contributing to its growth in Texas.