Sourced a $35 Million Development Credit Facility for a Rapidly Expanding Car Wash Operator in the Southeastern United States

Client Profile:

Car wash operator with eight locations, expected to expand to 15 by the end of 2024.

Strategy:

Client identified six locations where they wanted to open new car washes. Century Partners sourced several development financing options.

Outcome:

Client selected a family office to provide funding for the development; sites are currently under construction.

More Case Studies

1031-Exchange

1031 Exchange from Vacant Industrial to Cash-Flowing Single-Tenant Retail

Outcome:

Following sale of the under-performing industrial property.
Identified newly constructed, 100% leased replacement property.
Markets procured long-term, fixed-rate financing.

Generational Asset in Los Angeles Sold | Proceeds Used to Purchase Three Wendy’s in Three States

Outcome:

Client now owns three single-tenant Wendy’s properties located in three different states, each with 20-year lease terms instead of the 5-year term of their previous property. Additionally, the client was able to increase their cash flow.

1031-Exchange

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