Industrial Portfolio
Overview
Deal Type |
CMBS |
---|---|
Size |
$13.5 Million Acquisition |
Client & Transactional Partners |
Industrial Portfolio |
Our Role |
Lender |
Summary
The transaction includes a $13,500,000 ($41/SF) non-recourse, first mortgage loan secured by three (3) industrial flex properties totaling 326,664 SF. The Portfolio is comprised of three industrial flex properties which were built between 1972 and 1988. The proposed loan will be used for the acquisition of the property. The loan is structured with a 5-year term and amortizes on a 30-year schedule.