Henry Street Capital has arranged $1,642,500 in term debt to provide new financing for a single tenant property in Lake Orion, MI. The tenant, Gerber Collision, has 10 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Michigan. The interest rate is fixed for 10 years @ 3.88% on a 30-year amortization schedule. Financing was secured through the national lending division of a Midwest based credit union.
Henry Street Capital has arranged $1,677,500 in term debt to finance the sale of a single tenant building in Desert Hot Springs, CA. The tenant, Dollar General, recently executed a new 15-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in California. The interest rate is fixed for 7 years @ 4.25% on a 10-year loan term with 30-year amortization schedule. Financing was secured through a California based commercial bank.
Henry Street Capital has arranged $3,420,000 in term debt to finance the sale of a single tenant property located in North Myrtle Beach, SC. The tenant, Walgreens, has 5+ years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Arizona. The interest rate is fixed for 10 years @ 3.48% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.
Henry Street Capital has arranged $3,201,250 in term debt to finance the sale of a single tenant property located in Lewisville, TX. The tenant, Heartland Dental, has 5+ years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Arizona. The interest rate is fixed for 10 years @ 3.78% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.