New York Life Insurance Company Provides $115M Refinancing Loan For Cincinnati, Indianapolis, Las Vegas, San Antonio, And San Francisco Industrial Portfolio

The industrial portfolio, located in Cincinnati, Indianapolis, Las Vegas, San Antonio, and San Francisco, was involved in a recent closed transaction. The asset type is industrial, with a total space of 1,600,000 square feet.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified

New York Life Insurance Company provided the financing for this transaction with a refinancing loan of $115,000,000. The loan terms include a five-year fixed-rate loan. Ares Management Corporation acted as the landlord for the property.

The deal was facilitated by JLL, with Eric Tupler, Ken Martin, CW Sheehan, Carl Beardsley, and Taylor Gimian representing the parties involved.