facebook
Traded Co logo
Submit
Daily limit: 0/10

Gantry Secures $15 Million Refinance Loan For Five Industrial Buildings In Vista California

Property Image
FINANCED
$15,000,000

California

See Similar Deals
Industrial364,000 SF
Financed 01/13/2025
the dealplayerscompscontact
Property Image
FINANCED

Gantry Secures $15 Million Refinance Loan For Five Industrial Buildings In Vista California

1330 Specialty Drive & 1370 Decision Street

See Similar Deals
Industrial364,000 SF
Financed 01/13/2025
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$41
Total Square Footage:364,000 SF
Transaction Type:Loan

The transaction involves five industrial buildings located at 1330 1340, 1350 Specialty Drive & 1370, 1390 Decision Street in Rancho Vista Business Park, Vista, California, with a total square footage of 182,000. A refinance loan amounting to $15,000,000 was secured for these properties, reflecting the current strong lender interest in industrial assets in the area.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $15,000,000
  • Loan Type: Refinance
  • Loan Terms: 10-year, non-recourse, fixed rate loan
  • Lender: Gantry
  • Broker: Stephan Coste - Gantry

Gantry facilitated the refinancing arrangement with a life insurance lender, which includes favorable terms such as prepayment flexibility and options attractive to private real estate investors, underscoring the competitive nature of the real estate financing landscape.

Players

Stephan Coste
Stephan Coste
1 deal$15M volume(949) 620-3174
BROKER
Stephan Coste
Stephan Coste
1 deal$15M volume(949) 620-3174
BROKER
Gantry
Gantry
BROKERAGE
Gantry
Gantry
LENDER

Details

FINANCED
IMAGE: Stephan Coste DATE: 01/13/2025 ADDRESS: 1330 1340, 1350 Specialty Drive & 1370, 1390 Decision Street MARKET: Vista ASSET TYPE: Industrial ~ SF: 182,000 LENDER: Gantry BROKER: Stephan Coste - Gantry (@Gantry_Inc) LOAN AMOUNT: $15,000,000 LOAN TYPE: Refinance LOAN TERMS: 10-year, non-recourse, fixed rate loan NOTE: Gantry secured a $15 million, 10-year fixed-rate loan from a life insurance lender to refinance five industrial buildings totaling 182,000 square feet in Rancho Vista Business Park, Vista, California. The deal reflects strong lender interest in industrial assets, offering non-recourse terms, prepayment flexibility, and favorable rates for the private real estate investor.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$15,000,000.00

Monthly NOI$100,000.00
Monthly Debt Service$94,810.20
Change in Cash Flow$0.00
Refinance Proceeds$0.00