fbpx
DEAL SPOTLIGHT

Single-Tenant Retail Acquisition in McKinney, Texas

Terrydale Capital

18 Nov, 2021 · 2 min read

Today’s deal spotlight centers on the acquisition of a single-tenant retail property in McKinney, Texas, valued at $1,675,000. Our client wanted terms that were extremely challenging on a loan of this, but Team TDC set out to make it a reality.

What We Were Up Against

Our client was seeking an interest rate in the 3.00s% with a flexible prepayment penalty, which was a difficult task. A new survey was also needed for the property.

What Our Team Helped Turn Around

After negotiating with the seller to cover half the cost of the survey, we quickly moved to negotiate a more flexible prepayment structure with the lender. Through managed communication to ensure a timely close amidst market uncertainty, we finally secured a deal that would allow our client to move forward on the following terms:

In Closing

For the best chance of closing a real estate financing deal on your terms, look no further than Terrydale Capital. Our team consistently goes above and beyond to secure the best possible refinancing terms for our clients amidst lending restrictions, market volatility, and a lack of experience. Whatever you need, we close the gap.

Want access to real estate opportunities you won’t find anywhere else? Check out www.terrydalelive.com.

Want to receive Weekly Market Updates, Deal Spotlights, Off-Market Opportunities, and Referral Rewards such as a Peloton?

More Deals and Updates

$1.6M Student Housing Acquisition | Boston, MA

$1.6M Student Housing Acquisition | Boston, MA

DEAL SPOTLIGHT $1.6 Million Student Housing Acquisition | Boston, MA19th January 2023 · 3 min readToday’s Deal Spotlight centers around a student housing acquisition in Boston, MA. Due to the current volatile market, our borrowers needed an expedited closing and...

$2.3M Self- Storage Acquisition | Lemoyne, NE

$2.3M Self- Storage Acquisition | Lemoyne, NE

DEAL SPOTLIGHT $2.3M Self- Storage Acquisition | Lemoyne, NE12th January 2023 · 3 min readToday's Deal Spotlight focuses on the acquisition of a Self-Storage Property in Lemoyne, NE for $2.3 million. Due to the market landscape, our clients required a quick close, and...

State of the Market | January 2023

State of the Market | January 2023

Market Updates Commercial Real Estate Market Update | January 2023January 5th, 2022 · 4 min readTerrydale Capital is actively providing capital solutions to our clients. We are constantly in discussion with our capital market resources and identifying new resources...

Debt Financing: Everything You Need To Know

Debt Financing: Everything You Need To Know

Learn Debt Financing:  How Is It Different from Equity Financing?December 15th, 2022 · 5 min readThere are multiple ways to finance a new business venture or fuel growth for an existing one. In most cases, businesses will outsource funds outside their own capital...

$3M Land Acquisition | Red Oak, Texas

$3M Land Acquisition | Red Oak, Texas

DEAL SPOTLIGHT $3 Million Land Acquisition | Red Oak, TX15th December 2022 · 3 min readToday’s Deal Spotlight takes us to Red Oak, Texas, and centers on the $3 million acquisition of undeveloped land. Despite looming rate changes and a critical vote on annexation...

$500K Industrial Property Acquisition | Syracuse, NY

$500K Industrial Property Acquisition | Syracuse, NY

DEAL SPOTLIGHT $500K Industrial Acquisition | Syracuse, NY8th December 2022 · 3 min read,Today’s Deal Spotlight centers on the acquisition of an industrial CRE asset in Syracuse, New York. Our client was looking to secure competitive terms despite several challenging...

State of the Market | December 2022

State of the Market | December 2022

Market Updates Commercial Real Estate Market Update | December 2022December 1st, 2022 · 4 min readTerrydale Capital is actively providing capital solutions to our clients. We are constantly in discussion with our capital market resources and identifying new resources...

$1.6M Student Housing Acquisition in Boston

$1.6M Student Housing Acquisition in Boston

DEAL SPOTLIGHT $1.6M Student Housing Acquisition | Boston, MA17th November 2022 · 3 min readToday’s Deal Spotlight centers on the acquisition of a student housing asset in Boston, Massachusetts. Because our clients were looking to increase the unit count, it was...

SOFR Financing | Everything You Need To Need Know

SOFR Financing | Everything You Need To Need Know

Learn SOFR: What Is It and Its Implications to Commercial Real Estate? December 8th, 2022 · 5 min readThe Federal Reserve determined that American lending and financial derivatives had to be benchmarked with a more trustworthy index following the LIBOR manipulation...