Brookfield Asset Management And ATCAP Partners Secure $380 Million Loan For Industrial Portfolio

An industrial portfolio consisting of 31 properties across Texas, Oklahoma, Colorado, Florida, and Missouri has been financed with a loan amount of $380 million, backed by a total square footage of 4,500,000. This financing transaction includes a two-year, floating-rate interest-only loan. The properties are signed to specifically address refinancing and recapitalization needs.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $380,000,000
• Loan Terms: two-year, floating-rate interest-only
• Lender: Wells Fargo and Deutsche Bank
• Landlord: Bruce Flatt - Brookfield Asset Management; P.J. Brady & Brad Hannagan - ATCAP Partners
• Master Servicer: Trimont
• Special Servicer: SitusAMC

Brookfield Asset Management and ATCAP Partners have orchestrated this sizeable financing deal through a CMBS loan co-originated by Wells Fargo and Deutsche Bank, aimed at refinancing existing debt and providing recapitalization for the industrial assets included in this expansive portfolio.