ITransaction Architecture▸
Olenox is buyer and tenant both — one instrument holds the ground, the other closes the sale.
Estimated Close — Targeting 45 Days
–
Weeks
–
Days Out
August 23, 2026
45 days from July 9, 2026
Key Dates on File
Sep 25, 2025
Purchase Contract Executed
Webb Family Partnership (Seller) → Olenox Corp. (Buyer) · $3,000,000
Sep 25, 2025
Commercial Lease Executed
Same parties, reversed roles — Olenox takes possession pending close
May 13, 2026
Debt Fund Submission Prepared
$1,800,000 requested at 60% LTV; Olenox to fund $1,200,000 equity
Target — Aug 23, 2026
Estimated Close
Closing terms per the executed purchase contract
IILocation▸
Locating…
Esri World Imagery2.821 acres · 18,852 rsf
IIISources, Uses & Financing▸
Debt Fund underwrote to 60% LTV. Olenox provides the remaining equity — no open gap.
Capital Stack — Purchase Price to Olenox Equity
Purchase
Price
Price
Debt Fund
Loan (60%)
Loan (60%)
Olenox
Equity
Equity
Purchase price
Debt Fund loan deducted
Olenox equity — funds the difference
Includes the $30,000 earnest money already in escrow with Stewart Title, credited toward Olenox's equity at closing.
Debt Fund — Requested Terms
LenderDebt Fund (name TBD)
Loan Amount$1,800,000
Loan‑to‑Value60%
BorrowerOlenox Corp.
Submitted5/13/2026
StatusIn Underwriting
Property Snapshot
Address1207 N FM 3083 Rd
CountyMontgomery, TX
LegalA0002‑Allen W S, 1B1‑A
Site2.821 acres
Building18,852 rsf
UseIndustrial Warehouse
IVLease Terms▸
A possession instrument, not an income lease — no base rent, because the tenant is the intended owner.
LandlordWebb Family Partnership LTD
TenantOlenox Corp.
PremisesSuite 1 · ~18,852 rsf
TermRuns until closing
Base RentAbated pending closing
Security Deposit$20,000
Min. Liability Insurance$2,000,000
TaxesPaid by Landlord
Effective Date9/25/2025
Source: Commercial Lease (TXR‑2101), executed 9/25/2025
VIn Our Hands — Complete▸
Executed Deal Documents
✓On File
Commercial Contract (Improved Property)
Executed 9/25/2025 · counteroffers, schedules, addenda · Webb Family Partnership → Olenox Corp., $3,000,000
✓On File
Commercial Lease
Executed 9/25/2025 · possession instrument running until the purchase closes
✓On File
Debt Fund Submission Summary & Checklist
Prepared 5/13/2026 · $1,800,000 at 60% LTV · Olenox equity funds the $1,200,000 balance
Questions Already Resolved From the File
✓Answered
"Was this put in place in October 2025?"
Answered: both the contract and lease were executed 9/25/2025, not October.
✓Answered
"Has the option been exercised / what's the timing?"
Answered: no separate option — the contract is fully executed and binding since 9/25/2025. Working close target is August 23, 2026.
Not Applicable to This Deal
–N/A
Existing 1st Mortgage Payoff / Subordination
Purchase, not refinance — no existing lien.
–N/A
Construction Budget / Licenses
No rehab scope; industrial warehouse use needs no special licensure.
VINeeded From You▸
Sponsor & Borrower
1Needed
Executive team bios & experience
Sponsor underwriting file — who's running Olenox and their track record.
2Needed
Entity organization chart
OpCo / ProCo structure for Olenox Corp. and any affiliated holding entities.
3Needed
Evidence of cash / liquidity
Bank or brokerage statements showing the equity and reserves for closing.
Property Financials
4Needed
2 years + year-to-date P&L
Operating entity financials. YTD must be less than 30 days old at submission.
5Needed
Prior appraisal or market study, if one exists
Submit as-is to save ordering a new one and protect the 45-day close.
Confirmations We Need in Writing
6Confirm
Lease-option accrual to date — what, if anything, has accrued?
The executed lease has a blank rent schedule and no option-to-extend addendum, so nothing accrues per the document. Confirm your understanding.
7Confirm
Is the $20,000 security deposit applied to the purchase price?
Per Paragraph 5 it's a standard refundable lease deposit — nothing credits it to the $3,000,000 price. Confirm intended treatment.
8Confirm
Is the $1,200,000 equity all cash at closing, or another structure?
The contract assumed $600,000 cash; at 60% LTV the equity is now $1,200,000. No seller-financing or assumption box is checked. Confirm the source.
Drop Documents Here
This is the folder for everything above. Files route straight to RCP's secure data room — nothing passes through email.
Checking link…
Data room link is being finalized — send documents to coreylfuller@rcpcap.com in the meantime.