Caliber Collision

$2,869,350 Acquisition Financing of a Caliber Collision in Texas

City: Texas

Lender type: Credit Union

Property type: Retail

Size: 12,270 SF

Transaction description

David Sarnoff of PSRS arranged the $2,869,350 acquisition financing of a Caliber Collision property in Texas. The subject property is a brand-new construction built-to-suit Caliber Collision and consists of 12,270 SF situated on a 1.17-acre lot. Financed with a credit union execution, PSRS was able to provide for its borrower a non-recourse 10-year fixed-rate loan with no prepayment penalty and a 30-year amortization at a competitive interest rate.