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Southwell Arranges Net Lease Financing for Chicago, Kentucky Assets
Southwell Realty Capital has secured financing for two net lease real estate acquisitions, totaling $4,875,000. The Southwell Realty Capital team arranged a $2,375,000 acquisition loan for a Walgreens in Eastern Kentucky and a $2,500,000 acquisition loan for a Davita Dialysis Center in Chicago.
Gregg Christensen, managing director, said, “We were fortunate to work with a lender who understands the importance of this asset to the local community. They expedited the financing for the 1031 exchange acquisition at a most attractive rate for our client.”
Added managing director Richard Carr, “We’ve been having great success arranging triple net financing at advantageous rates. We’re pleased to deliver a successful debt execution for our client’s 1031 exchange.”
Pictured: Representative Davita clinic.
- ◦Financing
