Adler Real Estate Partners Secures $203.73 Million Loan From Corebridge Financial For Light Industrial Portfolio

The asset involved in this transaction is a Light Industrial Portfolio encompassing a total square footage of 1,796,507, situated within the markets of Broward, Charlotte, Dallas, Houston, Jacksonville, Naples, and Tampa. The transaction includes a loan amounting to $203,730,000 for the purpose of recapitalization, structured with a loan term of 5 years.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $203,730,000
• Lender: Corebridge Financial
• Landlord: Adler Real Estate Partners
• Landlord's Representatives: Melissa Rose, Michael DiCosimo, Nicole Diaz, Magnus Kron, Jack Britton, Kate Rathman - JLL
• Loan Type: Recapitalization
• Loan Term: 5 years

This transaction highlights the involvement of key representatives from JLL, with a team that includes Melissa Rose, Michael DiCosimo, Nicole Diaz, Magnus Kron, Jack Britton, and Kate Rathman, who collectively represent the landlord, Adler Real Estate Partners, in this deal.