Keystone Mortgage Corporation Secures $73.1 Million Refinance Loan For Industrial Portfolio In California
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See Similar DealsKeystone Mortgage Corporation Secures $73.1 Million Refinance Loan For Industrial Portfolio In California
Summary
The industrial portfolio consists of 1,100,000 square feet situated on 52.9 acres in the California market, reflecting significant asset characteristics within the industrial sector. The refinancing deal secured a loan amount of $73,100,000, featuring a 10-year fixed-rate and full-term interest-only payment structure.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $73,100,000
- Loan Type: Refinance
- Loan Terms: 10-year fixed-rate and full-term interest-only
- Broker: Nick Viscount
- Broker Agency: Keystone Mortgage Corporation
- Market: California
- Asset Size: 1,100,000 SF
- Land Size: 52.9 Acres
Keystone Mortgage Corporation facilitated the refinancing of this industrial portfolio through a life insurance company lender, highlighting their involvement in managing nonrecourse loan transactions for private investor borrowers.
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