Industrial Single Tenant – Refinance & Rehabilitation

Northeast, US


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place debt for the refinance and cash out of a property that can be used for a heavy rehab.

Property Description

The asset is a single-tenant industrial property located in the northeastern US. The property is nearly 20,000 square feet and is fully leased.


The sponsor is a general contractor for public works projects with a small portfolio of real estate investments.


  • The building is in need of more space to become more usable by the tenant.


  • Funding secured by a small real estate partnership that was able to give the sponsor the proceeds required to rehab and add square footage to the property.


  • Interest Rate: 9.39%
  • Amortization: 30 years
  • Term: 2 years
  • Recourse: Payment guarantee
  • Prepayment: Allowed

Senior Director  | Capital Advisor