Fresenius Medical Care – Ponca City, OK

April 22, 2021

Henry Street Capital has arranged $935,000 in term debt to finance the sale of a single tenant property located in Ponca City, OK.  The tenant, Fresenius Medical Care, has over 16 years remaining lease term.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Florida.  The interest rate is fixed for 10 years @ 3.54% on a 30-year amortization schedule.  Financing was secured through the national single tenant lending division of a Midwest based commercial bank.

Sunset Ranch Flex Center – Tucson, AZ

April 16, 2021

Henry Street Capital provided capital advisory services to the developer of Sunset Ranch Flex Center in Tucson, AZ.  The 3.36-acre site will be developed with four buildings totaling 28,800 square feet for lease to office and retail tenants.  Kevin Sellers advised the client, a California based commercial real estate investor.  Construction and “mini-perm” financing in the amount of $2,785,000 was secured through a Tucson based commercial bank.