Commercial real estate development from Single Tenant to Power Centers focused on the Northeast, Southeast and Texas. 🇺🇸 Connecticut, USAJoined January 2023
Every Texas town has been killing us with “impact fees” lately. This is for a single tenant retail building. We got hit with similar on a freestanding QSR last month.
Story time. Completed a 4,000 sf dental office. The city came to do final inspection for CO. They decided they didn’t like the exterior light fixtures they previously approved. Now they won’t give us a CO until we replace them.
Construction loan closed for Early Ed BTS. Tough space for some banks but pretty happy with these terms.
- $4,520,000
- 75% LTC
- 24 Months I/O
- 3 Year Perm Option (25 yr/am)
- Prime -0.50%
- 0.50% Origination Fee
- No Personal Guarantee
- No Prepayment Penalty
- Texas Bank
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