$11.15MM Flex Industrial Acquisition | McKinney, TX
Terrydale Capital
Nov 19, 2024 1 Min read
Overview
The Team at Terrydale Capital was able to secure a $11.15MM loan for our client seeking financing for the purchase and development for an industrial park in McKinney, Texas. Through careful negotiations utilizing one of our trusted lending relationships, we were able to secure the following terms.
- $11,150,000 Acquisition
- 7.60% Interest Rate
- 5-Year Loan Term | 2-Year IO
- Non-Recourse
- 70% LTV
In Closing
Terrydale Capital is posed to tackle any kind of deal that comes through our doors, challenges and all. We pride ourselves on being able to garner success for our clients and secure the best terms by utilizing our wide breadth of lender and industry connections as well as taking advantage of market opportunities when they come. When you need a partner to go to bat for your property acquisition, the Team at Terrydale is the right choice. Contact us today!
Partner With Terrydale Capital for Your Debt Financing Needs
When it comes to debt financing, understanding the right timing, process, and options is crucial. At Terrydale Capital, we provide a comprehensive range of commercial loan solutions tailored to meet your business's unique needs.
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Headquartered in Dallas, Texas, Terrydale Capital is a leader in commercial real estate financing. We have close relationships with the nation’s top banks, lenders & family offices allowing us to provide the most competitive financing solutions in the market.
