Dhanani Private Equity Group Secures $59.2M Loan For Stafford Retail Property

12520 Fountain Lake Circle

Retail

572,000 SF

Financed 1 year ago

Summary

Loan

TEXAS

Retail

572,000 sqft

The property involved in this closed transaction is a retail asset located at 12520 Fountain Lake Circle in Stafford. The property spans approximately 572,000 square feet.

Summary of transaction details

Property Type: Retail
Transaction Amount: $59,200,000
Date: 12/14/2021
Market: Stafford

The lender in this transaction is Argentic Real Estate Finance. The landlord is Dhanani Private Equity Group, represented by Nick Dhanani. The loan amount for this transaction is $59,200,000. The loan terms are a 10-year term, with partial interest-only payments.

Details

Deal Summary

FINANCED

IMAGE: Nick Dhanani DATE: 12/14/2021 ADDRESS: 12520 Fountain Lake Circle MARKET: Stafford ASSET TYPE: Retail ~ SF: 572,000 LENDER: Argentic Real Estate Finance LANDLORD: Dhanani Private Equity Group - Nick Dhanani LOAN AMOUNT: $59,200,000 LOAN TERMS: 10-year, partial interest-only

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Address12520 Fountain Lake Circle

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