$5.6M EVENT BUILDING PURCHASE

$5.6M ENTERTAINMENT BUILDING PURCHASE
$5.6M ENTERTAINMENT BUILDING PURCHASE

$5.6M ENTERTAINMENT BUILDING PURCHASE
$5.6M ENTERTAINMENT BUILDING PURCHASE

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PROJECT INFO

$5,600,000
Acquisition and Rehab Loan
Mixed Use Entertainment Building
McKinney, Texas

PROJECT DETAILS

Client came to V³ Lending for a acquisition and Rehab loan.
V³ Lending arranged a loan for $5,600,000 for the client to acquire the 24,280 Square Foot Building, rehab the property, buy new equipment, and have working capital to start operations.
The Loan has a 5.5% interest rate with a 25 year amortization.

Closed Transaction