$28 Million Refinance in Four States

Stephen G. Schulz and Tara B. Annweiler recently represented National Western Life Insurance Company in a $28 million refinance of 32 convenience store properties in four states – Texas, California, Georgia and Tennessee – owned by Ashita, LLC. Sammy Virani, a well-known nationwide owner of convenience store properties is the principal of Ashita, LLC. Charles D. (Sonny) Milos, Senior Vice President of National Western Life Insurance Company, was the lending officer in charge of the loan transaction on behalf of the lender.