San Antonio Retail Portfolio

Transaction description

James Mulvihill and Kevin Mulvihill of PSRS arranged $8.15 million in combined permanent financing for two retail assets in San Antonio, Texas. Totaling 90,184 square feet across two properties, the portfolio features strong tenant diversification, ranging from national credit retailers such as O’Reilly Auto Parts, Rent-A-Center, and Sally Beauty to high-traffic experiential and discount anchors. Executed through a trusted correspondent life insurance partner for a single client, both loans achieved disciplined, sub-60% leverage (56% and 57% LTV). PSRS secured 5-year fixed terms with 25-year amortization schedules across both facilities, incorporating 12 months of interest-only relief on the larger asset to optimize the borrower’s near-term cash flow.