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

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.