Metropolitan Capital Advisors Arranges Construction Loan For The Containery In Waco, TX

5/1/18

Dallas, Texas-based Metropolitan Capital Advisors, Ltd. has arranged a Construction Loan for the Containery located in downtown Waco, Texas. The project, which is being developed by Mr. Bill Wetterman, is an adaptive re-use project of an existing warehouse building situated on 24,750 sf of land on the west corner of 4th Street and Jackson Avenue. Upon completion, the Containery will be Downtown Waco’s newest shopping destination and will be leased to local food merchants, wine bars, coffee shops, boutique retail stores and offices. The Containery will be well-positioned to capture Downtown Waco’s recent surge in traffic and economic growth driven by demand generators such as Magnolia Market and Balcones Distilling. 

Brandon Wilhite, Senior Director at MCA, was responsible for arranging the $4,360,000 Construction Loan with the McGregor, Texas-based TFNB Bank. 

Since 1992, Metropolitan Capital Advisors has closed in excess of $13 billion of debt and equity transactions. National Real Estate Investor Magazine has consistently ranked MCA as one of the top CRE Financial Intermediaries in the US. MCA completed over $650,000,000 of commercial real estate financing during 2017.

Brandon Wilhite
972.267.0600
www.metcapital.com
bwilhite@metcapital.com