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Big V Property Group Secures $21.5 Million Refinance Loan For Retail Properties

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FINANCED
$21,500,000

Texas

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Retail
Financed 07/27/2025
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Property Image
FINANCED

Big V Property Group Secures $21.5 Million Refinance Loan For Retail Properties

Retail
Financed 07/27/2025
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Summary

Asset Type:Retail
Transaction Type:Loan

The transaction involved a retail asset with a loan amount of $21,500,000. The loan type was refinance, and the landlord is Big V Property Group. The asset operates at 100% occupancy and managed to secure a competitive interest rate below 6% on a bank balance sheet, applied across all NNN properties.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $21,500,000
  • Loan Type: Refinance
  • Landlord: Big V Property Group
  • Date: 7/28/2025
  • Market: Multi-Market

Key individuals involved in the transaction include Jeffrey Rosenberg and Bryan Kallenberg, representing the landlord in this deal. Their efforts contributed to securing favorable financing terms for the Big V Income Fund, reflecting the asset's strong occupancy rate and financial performance.

Players

LENDER

Details

FINANCED
IMAGE: Jeffrey Rosenberg & Bryan Kallenberg DATE: 7/28/2025 MARKET: Multi-Market ASSET TYPE: Retail LANDLORD: Big V Property Group (@BigV_Properties) LOAN AMOUNT: $21,500,000 LOAN TYPE: Refinance NOTE FROM LANDLORD: At 100% occupancy, the Big V Income Fund was able to secure an interest rate sub 6% on bank balance sheet, across all NNN properties.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$21,500,000.00

Monthly NOI$143,333.33
Monthly Debt Service$135,894.63
Change in Cash Flow$0.00
Refinance Proceeds$0.00