1788 Holdings LLC

03/22/2024 | Press release | Archived content

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.

1788 Holdings LLC published this content on March 22, 2024, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 01, 2026 at 05:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]