Red Oak Capital Provides $9.7M Loan for Refinancing of Industrial Facility in Wichita Falls, Texas

Red Oak Capital Provides $9.7M Loan for Refinancing of Industrial Facility in Wichita Falls, Texas

WICHITA FALLS, TEXAS — Red Oak Capital Holdings has provided a $9.7 million bridge loan for the refinancing of the Panda Biotech High Plains Hemp Gin facility in Wichita Falls, about 115 miles northwest of Fort Worth. Built in 1978 and renovated to the tune of $34 million over the years, the facility comprises seven buildings totaling 472,903 square feet on a 97-acre site. Grant Garlock and Miles Kallial of BMC Capital arranged the loan, which c…

Flō Networks Receives Strategic Investment and Debt Refinancing

Transtelco Holding, Inc. (doing business as Flō Networks), an El Paso, TX-based independent business-to-business fiber bandwidth provider between key metropolitan markets in the Southwestern U.S. & Mexico, announced the refinancing of its credit facility and a strategic equity capital investment, totaling ~$800M of Capital. The company added BlackRock as its newest capital partner. In addition to […] The post Flō Networks Receives Strategic Inve…