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
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