Rising operating costs and a 250% increase in taxes in 2 years made traditional financing challenging for a long-established, owner-operated retail and event center in South Texas. The business owners generated steady revenue through retail leases and ticketed events supported by a diverse vendor base for over 3 decades, but a flexible capital solution was needed to preserve long-term real estate equity.

Led by Taylor West, Flatbay Capital provided a $2.5MM CRE line of credit secured by the 39.45-acre property with over 200,000 square feet of outdoor retail space. The financing paid off the existing commercial mortgage, paid back owed property taxes and created additional availability for working capital and future tax liabilities.

With greater liquidity, the business is now better positioned to manage seasonal revenue cycles, property improvements and ongoing tax appeals. By unlocking real estate value without sacrificing ownership, the financing strengthened the foundation needed to sustain a 36-year community gathering place in the Rio Grande Valley.