$11.0M RETAIL JOINT VENTURE

PROJECT INFO

$11,000,000 Total Project
Retail Complex
$3,300,000 Joint Venture
$7,700,000 Debt
Acquisition/ Construction
70% Debt/ 30% JV Equity
5% Debt/ Equity participation on equity
Jackson, Mississippi

PROJECT DETAILS

Client came to V³ when they wanted to finance the construction of 90,000 square feet of retail on 15 acres of land without having the financial strength to get funding through conventional loans.
V³ Lending arranged a $11,000,000 Joint Venture through a private capital firm to assist the client in constructing 90,000 square feet of retail occupied by many credit tenants. Many of the tenants signed letters of interest prior to the beginning of construction.

Closed Transaction

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2591 Dallas Parkway

Frisco, Texas 75034

TF: 877-331-9583

P: 214-295-8354

F: 214-540-5169