Commercial Loan News
STEELHEAD CAPITAL, INC. ADVISES PRIVATE FAMILY TRUST ON A ACQUISTION OF AN INVESTMENT GRADE NET LEASED INVESTMENT
San Francisco, CA - November 17, 2006
Commercial Real Estate Loan Summary:
Steelhead Capital, Inc. represented the San Francisco Bay Area Family Trust in its acquisition of a newly constructed single tenant property net leased to Walgreens in Bakersfield California. The property sold on an all cash basis and is part of one of two 1031 exchange properties for the family trust.
The newly developed building in shadowed anchored by an Albertson anchored shopping center with retailers such as Wal-Mart and Target in the trade area. The Sellers is a merchant builder for Walgreens and has worked with Steelhead Capital for more than 7 years.
A. Sean Aguilar CCIM, was the lead advisor and responsible for procuring the investment, negotiating the sale, structuring the due diligence and providing the transactional management oversight. The advisory process started prior to the relinquished property being listed for sale. therefore allowing Steelhead Capital to inserted language into the transaction documents which supported the exchange timeline.
Steelhead Capital, Inc. is an experience provider of deliverable investment properties, creative financing solutions and advisory services for the commercial real estate investor. Steelhead Capital brings an extensive network of merchant developers, lending sources and structured finance experience with a focus on acquisitions and recapitalization, and a clear commitment to personalized customer service to investors acquiring and financing properties in any of the 50 states. Complete company information can be found at SteelheadCapital.com.
Contact Information:
Steelhead Capital, Inc
415-397-2980 (phone)
415-397-2981 (fax)