Fifty Stones Capital Group Seals a $5.6M Industrial Land Deal in Silver Springs, Nevada.
- Richard Simis
- Mar 19
- 2 min read
Metairie, LA — March 18, 2025 — In the rugged heart of Nevada’s fastest-growing industrial corridor, where Interstate 80 meets US Highway 50, an 18.55-acre opportunity waited, surrounded by steel, dust, and the promise of exponential growth. But this was no simple transaction. The deal that came across Fifty Stones Capital Group’s desk was a complex mix of zoning triumphs, infrastructure races, and timing so tight that even seasoned financiers would hesitate.
It began with a call from a respected brokerage partner, the kind of call that doesn’t just come with numbers, but with urgency. The project: prime land in Silver Springs, east of Reno, boasting 12.12 acres of Commercial Mixed Use, 3.96 acres of Multifamily zoning, and a 1.47-acre OP parcel. The sponsor had already performed the heavy lifting, purchasing the raw land in 2021 for $3.85M, securing rezoning, obtaining Department of Transportation approvals, locking in valuable water rights, and overseeing the arrival of offsite utilities.
The crown jewel of the location? A nearly complete 7-Eleven with a C-store, casino, and restaurant, all part of a vision to anchor future development of 160,000 square feet of industrial space, plus multifamily and outparcels. The challenge? A ticking clock on $3.85M in existing debt, the need to upsize to $5.6M at 50% LTV, and a market environment where capital was tight and underwriting standards merciless.
Negotiations began with the realization that the project’s complexity, multiple parcels, mixed zoning, and staggered infrastructure timelines, made traditional lenders wary. Appraisers needed to fully grasp not just the as-is valuation (estimated at $11.3M) but the future potential in a corridor set to explode with industrial growth. On top of that, a looming debt maturity meant there was no room for delays.
While others saw risk, Fifty Stones Capital Group saw opportunity. With their trademark speed and adaptability, the team dived into due diligence, leveraging deep industry relationships to source a tailored financing structure. The underwriting wasn’t just about numbers, it was about telling the project’s story in a way that brought its vision to life for capital partners.
In just weeks, the deal moved from introduction to commitment. Fifty Stones secured the $5.6M needed, allowing the sponsor to retire existing debt and position for the next phase of development. The terms reflected the firm’s ability to blend creativity with discipline, a structure that safeguarded investor capital while giving the sponsor breathing room to execute.
“This was a deal where hesitation would have meant missing the window entirely,” said Mark Shea, the CEO of Fifty Stones Capital Group. “We pride ourselves on stepping into situations where others pull back, and this project had all the hallmarks of a long-term winner.”
With this closing, Fifty Stones Capital Group has once again proven that in the world of high-stakes commercial real estate, speed, precision, and strategic vision aren’t luxuries, they’re the difference between opportunity lost and legacy built.
About Fifty Stones Capital Group
Fifty Stones Capital Group is a leading real estate investment firm specializing in high-impact multifamily and commercial projects. With a track record of bold moves and transformative deals, Fifty Stones continues to redefine the industry, one blockbuster close at a time.
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