$5,000,000 Permanent Loan on Travel Center and Gas Service Station
Transaction Description:
$5,000,000 Permanent Loan on Travel Center and Gas Service Station
Bank Lender
Southwest US
Mandri Capital successfully leveraged an existing bank lender relationship to arrange a cash-out permanent loan on an existing travel center and gas service station that was undergoing environmental remediation at the time of close. This financing was for a new client, and Mandri has subsequently refinanced the property for sponsor at a lower interest rate.