May 25, 2023
Deal Closed! $6 Million Towards the Acquisition of a Car Wash

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Stabilis is pleased to announce the closing of a $6,000,000 senior secured bridge loan for the acquisition of a car wash located in Bellerose, NY.

The borrower's credit union failed to fund and Stabilis was able to step in and close in 2 weeks to meet the seller's 1031 Exchange deadline. The borrower has significant experience owning and operating car washes in the same area as this property. The property is extremely well-located off a high traffic street. 

Contact: Juan Robayo, 212-256-8968,

$2M - $75M
Loan Amount

SOFR + 5.49%
Starting Rate

12-24 Months

1st Position
Senior Secured

Loan Buyer