A 7 Property Industrial Portfolio located at 2040 - 2144 W Rosecrans Ave in Gardena, CA has recently undergone a loan refinancing. The loan amount was $4,650,000 with a 5-year fixed term at an interest rate of 6.69% and a 30-year amortization schedule. The loan also included a highly attractive prepayment penalty clause.

Summary of transaction details:

• Property Type: 7 Property Industrial Portfolio
• Transaction Amount: $4,650,000
• Loan Type: Refinance
• Loan Terms: 5 Years Fixed at 6.69%, 30 Year Amortization, Highly Attractive Prepayment Penalty

The refinancing deal for the 7 Property Industrial Portfolio was facilitated by Meridian Capital Group. The brokers involved in the transaction were Don Aynesazan, David Oheb, and Max Jacobson from Meridian Capital Group. For more information on how Meridian can assist with portfolio financing, interested parties can contact Don Aynesazan at 213-663-3382 or [email protected], and David Oheb at 212-612-0193 or [email protected].