Henry Street Capital has arranged $1,162,500 in term debt to finance the sale of a single tenant property in Somers, WI. The tenant, Chipotle, recently signed a new 15-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Minnesota. The interest rate is fixed for 5 years @ 6.16% on a 10-year loan term with 25-year amortization schedule. Financing was secured through the national lending division of a Midwest based credit union.
Henry Street Capital has arranged $2,600,000 in term debt to finance the sale of a single tenant property in Colorado Springs, CO. The tenant, Kum & Go, has just under 10 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor group in Colorado. The interest rate is fixed for 5 years @ 6.50% on a 7-year loan term with 25-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Henry Street Capital has arranged $1,142,000 in term debt to finance the sale of a single tenant building in Fayetteville, NC. The tenant, Mavis Discount Tire, recently signed a 20-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Colorado. The interest rate is fixed for 5 years @ 6.06% on a 9-year loan term with 25-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Henry Street Capital has arranged $1,065,000 in nonrecourse term debt to finance the acquisition of a single tenant property in Lehigh Acres, FL. The tenant, Starbucks, recently signed a new 10-year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Louisiana. The interest rate is fixed for 10 years @ 6.25% on a 30-year amortization schedule. Financing was secured through the national lending division of a Midwest based commercial bank.
Henry Street Capital has arranged $2,780,000 in term debt to finance the acquisition of a single tenant property in Dallas, TX. The tenant, 7-Eleven Inc., has 16+ years remaining on the lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in California. The interest rate is fixed for 10 years @ 6.25% on a 30-year amortization schedule. Financing was secured through the national lending division of a Midwest based commercial bank.
Henry Street Capital provided capital advisory services to secure a $2,650,000 term loan for the owner of Silverbell Flex Center in Tucson, AZ. The interest rate is fixed for 10 years @ 6.375% on a 25-year fully amortizing loan term. Financing was placed with a life insurance company. Proceeds from the permanent loan were used to pay off the construction loan for the 28,800 square property. Kevin Sellers advised the client, a private investor in California.
Henry Street Capital has arranged $1,838,000 in nonrecourse term debt to finance the acquisition of The Lofts at Cottage Hill, a multifamily property in Montgomery, AL. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in New York. The interest rate is fixed for 10 years @ 5.59% with three years interest only and then 30-year amortization schedule. Financing was secured through the Fannie Mae DUS Mortgage program.
Henry Street Capital has arranged $969,964 in term debt to finance the sale of a newly constructed single tenant building in Brookport, IL. 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 New York. The interest rate is fixed for 7 years @ 5.80% with 10-year loan term on a 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based commercial bank.
Henry Street Capital has arranged $675,000 in term debt to finance the sale of a single tenant property located in Tifton, GA. The tenant, Mavis Discount Tire, recently signed a 20 year lease. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in New York. The interest rate is fixed for 5 years @ 6.69% on a 10-year loan term with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.
Henry Street Capital provided capital advisory services to the buyer of a single tenant property in Phoenix, AZ. The tenant, Wells Fargo, has 4.5 years remaining on the lease term. Kevin Sellers advised the client, a private investor in Washington. The interest rate on the $3,015,000 term loan is fixed for 4.5 years @ 5.00% with a 25-year amortization schedule. Financing was secured through the national single tenant lending division of an East Coast based commercial bank.