fbpx
DEAL SPOTLIGHT

$1,676,250 Industrial Acquisition| Tyler, Texas

Terrydale Capital

20 July, 2022 · 3 min read

Today’s Deal Spotlight takes us to Tyler, Texas, and centers on the $1.67 million acquisition of an industrial real estate asset. Reluctant to settle for a rate in the low 5.00s per the current market, our client reached out to Team TDC for a better deal.

What We Were Up Against

Not only were current rates higher than our client’s desired range, but the industrial property was also in a location with a long-standing trend of lower property values. This had the potential to negatively impact the appraisal. One of the guarantors also refused to sign the note, further complicating the closing process.

What Our Team Helped Turn Around

Prioritizing rate negotiation, Team TDC reached out to our network of lenders to secure a 4.65% rate, then worked on providing detailed comparable market analysis to help support asset value. We ended up obtaining a successful market appraisal. With the guarantor adamant they would not sign, we also re-negotiated the guarantor structure to keep the risk profile low and closed on the following terms:

In Closing

When it comes to commercial real estate financing, Terrydale Capital is the number one partner and advocate an investor can have on their side. We prioritize competitive terms and client success regardless of deal size and complexity and elevate the resources and decision-making processes available to new and experienced investors.

Want exclusive opportunities to boost your current portfolio? Visit terrydalelive.com.

More Deals and Updates

$8,822,684 Land Loan Refinance | Salado, Texas

$8,822,684 Land Loan Refinance | Salado, Texas

DEAL SPOTLIGHT $8.8M Land Loan Refinance | Salado, Texas11 August, 2022 · 4 min readToday's Deal Spotlight centers around the closing of a land refinance loan that's valued at $8.82 million. Located in Salado, Texas, the land deal was finalized with a WSJ prime + 1%...

Multi-Family Refinance | Saint Joseph, Missouri

Multi-Family Refinance | Saint Joseph, Missouri

DEAL SPOTLIGHT Multi-Family Refinance| Saint Joseph, Missouri4 August 2022 · 3 min readToday’s Deal Spotlight centers on the $2.9 million refinance of a multi-family commercial asset in Saint Joseph, Missouri. This 76-unit property was owned by multiple parties with...

State of the Market | July 2022

State of the Market | July 2022

Market Updates Commercial Real Estate Market Update | July 2022July 27th, 2022 · 4 min readTerrydale Capital is actively providing capital solutions to our clients.   We are in constant discussions with our capital market resources and are also identifying new...

SBA 7(a) Loans Refinancing to SBA 504

SBA 7(a) Loans Refinancing to SBA 504

LEARN SBA 7(a) Loans Refinancing to SBA 504July 21st , 2022 · 6 min readFor small business owners, the recent rule change that allows SBA 7(a) loans to be refinanced with an SBA 504 at up to 85% of the loan value is cause for celebration. While both are solid options...

$3,171,000 Retail Acquisition | Dallas Texas

$3,171,000 Retail Acquisition | Dallas Texas

DEAL SPOTLIGHT $3,171,000 Retail Acquisition| Dallas, Texas13 July, 2022 · 3 min readToday’s Deal Spotlight takes us to Dallas, Texas, and centers on the $3.17 million acquisition of retail assets. It was also important for our client to have enough capital to cover...

When To Arrange a 1031 Exchange

When To Arrange a 1031 Exchange

LEARN When to Arrange a 1031 ExchangeJuly 7th , 2022 · 4 min readIf you currently own an investment property but are considering selling it in the near future to purchase another property, you might want to take advantage of a 1031 tax-deferred exchange. By using a...

State of the Market | June 2022

State of the Market | June 2022

Market Updates Commercial Real Estate Market Update | June 2022June 29th, 2022 · 4 min readTerrydale Capital is actively providing capital solutions to our clients. We are in constant discussions with our capital market resources and are also identifying new resources...

Texas 3-in-1 Multi-Family Financing

Texas 3-in-1 Multi-Family Financing

DEAL SPOTLIGHT 3-in-1 Multi-Family Acquisition | Garland, Texas22 June, 2022 · 3 min readToday’s Deal Spotlight centers on the acquisition of a commercial multifamily asset in Garland, Texas. From the outset, it was clear that factors surrounding liquidity, expiration...

Michigan Industrial Refinance

Michigan Industrial Refinance

DEAL SPOTLIGHT Michigan Industrial Refinance 16 June, 2022 · 4 min readToday’s Deal Spotlight takes us to Lapeer, Michigan, where we facilitated the refinance of an Industrial property asset. Despite the rising rate environment and other conditions, our client was...