Rastegar Property Company LLC Secures $4.6M Loan For Development Site In Kyle | 11708 McAngus Road & 700 Bunton Lane | Ronald (Ron) Granite, Elena Burgos | Development Site | Loan

Summary

Loan

TEXAS

Development Site

1,920 sqft

A senior fixed-rate loan of $4,600,000 has been secured for the development site located at 11708 McAngus Road and 700 Bunton Lane in Kyle. The loan transaction was facilitated by Ronald Granite and Elena Burgos of Eyzenberg & Company on behalf of Rastegar Property Company LLC.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $4,600,000
Address: 11708 McAngus Road & 700 Bunton Lane, Kyle
Market: Kyle
Landlord: Rastegar Property Company LLC
Brokers: Ronald Granite & Elena Burgos - Eyzenberg & Company

The financing, provided in the form of a senior fixed-rate loan, enables further progress on the development site in Kyle. This transaction is a significant step forward for Rastegar Property Company LLC, as they continue to enhance their real estate portfolio in Kyle's market.

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Players

All
3

Agents
2
Agencies
1

$557.5M Sold

Details

Deal Summary

FINANCED

IMAGE: Ronald Granite & Elena Burgos DATE: 01/08/2021 ADDRESS: 11708 McAngus Road & 700 Bunton Lane MARKET: Kyle ASSET TYPE: Development Site LANDLORD: Rastegar Property Company LLC BROKERS: Ronald Granite & Elena Burgos - Eyzenberg & Company LOAN AMOUNT: $4,600,000 LOAN TYPE: Senior fixed-rate loan

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Address11708 McAngus Road & 700 Bunton Lane

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