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.
Henry Street Capital has arranged $1,104,100 in term debt to finance the sale of a single tenant building in Elkhart, IN. The tenant, Dollar General, has over 9 years of remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Florida. The interest rate is fixed for 9+ years @ 4.50% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of an East Coast based commercial bank.
Henry Street Capital has arranged $5,325,000 in term debt to finance the sale of a single tenant building in Loganville, GA. The tenant, Walgreens, has just under 9 years of remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Arizona. The interest rate is fixed for 8+ years @ 4.50% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of an East Coast based commercial bank.
Henry Street Capital has arranged $600,000 in term debt to finance the sale of a single tenant property located in Hiram, GA. The tenant, Express Oil Change, LLC, has over 19 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Washington. The interest rate is fixed for 10 years @ 5.06% with 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 $1,245,500 in term debt to finance the sale of a single tenant building in Millers Creek, NC. The tenant, Dollar General, has over 9 years of remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Massachusetts. The interest rate is fixed for 9+ years @ 4.50% on a 25-year amortization schedule. Financing was secured through the national single tenant lending division of an East Coast based commercial bank.
Henry Street Capital has arranged $912,000 in term debt to finance the sale of a single tenant property located in Greenville, NC. The tenant, Southern Veterinary Partners, has 12 years remaining lease term. Kevin Sellers arranged the financing on behalf of the buyer, a private investor in New Jersey. The interest rate is fixed for 10 years @ 3.73% with 30-year amortization schedule. Financing was secured through the national single tenant lending division of a Midwest based credit union.