Maverick Commercial Mortgage, Inc. Announces $9,000,000 Financing On Over 150,000 SF Spread Across 3, Single- Tenant Industrial Buildings in Michigan.

Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $9,000,000 with a repeat borrower based in Bethesda, MD. The loan, provided by a regional bank, is a 5 year loan that will be swapped at closing to provide a competitive 5-year fixed rate loan.

The subject properties are 3 separate buildings spread across Michigan. A 74,026 square foot building in Pontiac, a 26,571 square foot building in Farmington Hills, and a 51,138 square foot building in Bay City.

This is Maverick’s third time closing a loan with this client. The borrower, 1788 Holdings, LLC, is a Maryland based national real estate investment firm specializing in purchasing and repositioning older vintage light industrial properties and industrial outdoor storage prop- erties.

About Maverick Commercial Mortgage, Inc.

Maverick Commercial Mortgage, Inc., arranges a wide variety of commercial real estate loans ranging from $2,000,000 to $100,000,000 for its middle market real estate developer and investor clients.