Updated Jul 23, 2026
Adler Real Estate Partners Secures $203.73 Million Loan From For Light Industrial Portfolio
4350 Southwest 36th Street
$203,730,000
$1,334/SF
Building Size
152,657 SF
Asset Type
Industrial
Closing
Jun 25, 2026
About this deal
AI
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:
- 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.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93