Texas · Industrial
Texas industrial financing.
We do not fund industrial property in-house. Texas warehouse and logistics deals are placed through our capital-partner network and reviewed case by case. What we fund directly in Texas is residential investment property, one to nine units, $1M to $5M.
By David Hodara · ·
No
Funded in-house
Partner network
Route
1-9 units
In-house box
$1M-$5M
In-house range
Texas industrial market context
Our in-house lending is residential: bridge, fix and flip, ground-up construction, renovation and DSCR on houses, 2-4 units, condos, townhomes, small buildings up to nine units, build-to-rent and rental portfolios. Industrial property sits outside that box, so we place it through our capital-partner network on the partner's terms.
If you are buying, renovating or building residential property in Texas, the pages below describe what we fund directly.
What we fund directly in Texas
Each deal gets routed to the product structure that fits. Most industrial deals in Texas use one of the following.
Texas single family & 1-4 unit
Bridge, fix and flip, renovation and DSCR on houses and 2-4 unit property held for investment, $1M to $5M.
Texas build-for-rent
Ground-up rental houses up to 85% of cost, refinanced into DSCR once leased.
Texas ground-up construction
Spec houses and small residential buildings, up to 85% of cost, with a sale or DSCR refinance as the exit.
Texas industrial FAQ
Does Passy Capital fund industrial property in Texas?
Not in-house. Industrial deals are placed through our capital-partner network and reviewed case by case.
Can a foreign national finance industrial in Texas?
Not in-house. Industrial deals in Texas are placed through our capital-partner network, on the partner's terms. What we fund directly for non-US investors is residential investment property, one to nine units, $1M to $5M, lent to a US LLC on the same terms a US investor receives, with no US credit history required.
Got a Texas industrial deal? Send it over.
Term sheet inside 48 hours, or a fast no so you can move on. Business-purpose investment property financing only.