Landmark Capital Closes $5,100,000 Non-Recourse DST Financing

Landmark Capital Advisors is pleased to announce the successful closing of a non-recourse permanent loan to acquire a portfolio of 3 industrial buildings totaling 86,800 SF of space in Central Florida. 

Challenge of the assignment included: The transaction represented a single-tenant sale leaseback of three warehouse facilities from a privately held, unrated company to an acquiring entity that was structured as a Delaware Statutory Trust (DST).

Solution: Despite recent volatility in the debt market, Landmark Capital sourced and closed a cross-collateralized non-recourse loan with a competitive fixed rate that featured a front loaded reserve structure to maximize on-going ownership distributions.