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Mapleshade Lane And Ohio Drive

Michael Holigan Secures $22.5M C Pace Financing From Robbie Pinkas For Plano Special Purpose Asset
FINANCEDSpecial Purpose

Michael Holigan Secures $22.5M C Pace Financing From Robbie Pinkas For Plano Special Purpose Asset

Mapleshade Lane And Ohio Drive

$22,500,000

$100/SF

Building Size

225,000 SF

Asset Type

Special Purpose

Closing

Jun 25, 2026

AI

The asset involved in this transaction is a special purpose property located at the intersection of Mapleshade Lane and Ohio Drive in Plano. The property encompasses a total square footage of 225,000. The loan amount associated with this asset is $22,500,000, and it is categorized under C pace financing.

Summary of transaction details:

  • Property Type: Special Purpose
  • Transaction Amount: $22,500,000
  • Lender: Robbie Pinkas - PACE Loan Group
  • Borrower: Michael Holigan - Holigan Investments
  • Administrator: Glenn Silva - Lone Star PACE
  • Date: 06/25/2026
  • Market: Plano

Robbie Pinkas represents PACE Loan Group in this transaction, facilitating the lending process to the borrower, Michael Holigan of Holigan Investments. Glenn Silva serves as the administrator representing Lone Star PACE, overseeing the administration of the loan agreement.

Players

Plano Special Purpose Market Snapshot

Boundary boundary · Special Purpose · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.71%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93