Edgen Murray – Acquisition

South, US


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place a loan for the acquisition of a single tenant Edgen Muray office building.

Property Description

The property has been occupied by the tenant for over 20 years and recently signed a 10-year extension.


The sponsor is a consultant in the energy/infrastructure industry and an experienced CRE investor.


  • The lease had a provision in which the tenant could back out at any time with a 180 day notice.


  • Tauro mitigated the lease issue using a strong lender relationship.


  • Loan-to-Value: 65%
  • Interest Rate: 5.11% Fixed
  • Amortization: 30 Years
  • Term: 5 Year Fixed
  • Recourse: Payment Guaranty
  • Prepayment: No Penalty

Senior Director  | Capital Advisor