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600 West Camp Street

Life Insurance Company Provides $8,675,000 Loan For Industrial Asset At 600 West Camp Street
FINANCEDIndustrial

Life Insurance Company Provides $8,675,000 Loan For Industrial Asset At 600 West Camp Street

600 West Camp Street

$8,675,000

Building Size

Asset Type

Industrial

Closing

May 19, 2026

AI

The property involved in the transaction is located at 600 West Camp Street in East Peoria, IL. It is categorized as an industrial asset. The loan amount secured for this acquisition is $8,675,000, provided by Life Insurance Company.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $8,675,000
  • Lender: Life Insurance Company
  • Landlord: Matt Davidson - Blue Ledge Group
  • Landlord's Representative: Omar Ferreira & William Farrell - Arrow Real Estate Advisors

Key individuals involved in the transaction include Matt Davidson, who represents Blue Ledge Group as the landlord. Omar Ferreira and William Farrell serve as the representatives for the landlord in this deal, representing the interests of Blue Ledge Group during the acquisition transaction.

Players

Omar Ferreira

Arrow Real Estate Advisors

Broker

$3.3B

vol

61 deals

Broker

East Peoria 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

1.83%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93