Regions Bank Provides $81.6M Construction Loan For Industrial Property In Beaumont
FINANCED
$81,600,000
California
See Similar DealsIndustrial2,800,000 SF
Financed 01/26/2022
FINANCED
Regions Bank Provides $81.6M Construction Loan For Industrial Property In Beaumont
36900 W Fourth St, Beaumont, CA 92223
See Similar DealsIndustrial2,800,000 SF
Financed 01/26/2022
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$29
Total Square Footage:2,800,000 SF
Transaction Type:Loan
The industrial property located at 36900 W. Fourth St. in Beaumont has been involved in a closed transaction. The property spans a total of 2,800,000 square feet and sits on 58.7 acres. It is owned by USAA Real Estate and McDonald Property Group.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $81,600,000
- Loan Type: Construction Loan
- Loan Terms: 2-year, floating-rate, non-recourse
Regions Bank provided a $81,600,000 construction loan for the property. JLL Capital Markets served as the broker for the deal.
Players
Details
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$81,600,000.00
Monthly NOI$544,000.00
Monthly Debt Service$515,767.51
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions