PSRS Arranges $25M Refinance Loan For 282K SF Industrial Property In Paramount | 14001 Orange Avenue | David (Dave) Semmer | Industrial | Loan

Summary

Loan

CALIFORNIA

Industrial

564,000 sqft

A $25 million cash-out refinancing was arranged by PSRS- Pacific Southwest Realty Services for a 282,000-square-foot industrial property located at 14001-14003 Orange Avenue in Paramount, Los Angeles. The undisclosed borrower received a nonrecourse loan with an eight-year term and 25-year amortization schedule from a life insurance company.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $25,000,000
Market: Paramount
Square Footage: 282,000
Address: 14001-14003 Orange Avenue

The loan was arranged by David Semmer from PSRS- Pacific Southwest Realty Services, who represented the borrower in the transaction.

Players

All
2

Agents
1
Agencies
1

David (Dave) Semmer

PSRS- Pacific Southwest Realty Services-image

Principal

PSRS- Pacific Southwest Realty Services

Details

Deal Summary

FINANCED

IMAGE: 01/08/2024 ADDRESS: 14001-14003 Orange Avenue MARKET: Paramount ASSET TYPE: Industrial ~ SF: 282,000 BROKER: David Semmer - PSRS- Pacific Southwest Realty Services (@PSRSLA) LOAN AMOUNT: $25,000,000 LOAN TYPE: Refinance LOAN TERMS: nonrecourse loan with an eight-year term and 25-year amortization schedule NOTE: PSRS arranged a $25 million cash-out refinancing for a 282,000-square-foot industrial property in Paramount, Los Angeles. The undisclosed borrower received a nonrecourse loan with an eight-year term and 25-year amortization schedule from a life insurance company.

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Address14001 Orange Avenue

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