Big V Property Group Secures $765 Million Refinance Loan From Truist Bank And Others

The transaction involves a retail asset with a total square footage of 4,500,000 located across multiple addresses including 17703 La Cantera Parkway, 5503 West Loop 1604 North, I 35 Frontage Road, 1310 Chisholm Trail, 100 919 Glynn Isle, 2615 Medical Center Parkway, and 6275 University Drive Northwest. The deal is concentrated in the markets of San Antonio, Austin, and Euless, TX, as well as Brunswick, GA, and Huntsville, AL.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $765,000,000
• Lender: Truist Bank, US Bank, Huntington Bank, Regions Bank
• Landlord: Big V Property Group
• Landlord's Representative: Bryan Kallenberg
• Loan Type: Refinance

Big V Property Group is recognized for financing the Big V Core Fund financing facility. This bank balance sheet loan was originated, syndicated, and closed by the Capital Markets Team of Big V Property Group, under the leadership of Bryan Kallenberg.