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Updated Mar 3, 2026

Criterion Group & Columba Pacific Advisors Secures $132.3M Floating Rate Loan For U.S Industrial Service Facility
FINANCEDIndustrial

Criterion Group & Columba Pacific Advisors Secures $132.3M Floating Rate Loan For U.S Industrial Service Facility

U.S

$132,336,000

Building Size

—

Asset Type

Industrial

Closing

Jun 30, 2023

About this deal

AI

An industrial service facility located within the portfolio has been involved in a closed loan transaction. The property is situated in the U.S market.

Summary of transaction details

Axos Bankprovided a floating rate loan amounting to $132,336,000 for the industrial service facility within the portfolio. The deal was facilitated by brokers Christopher Peck, Peter Rotchford, and Christopher Pratt from JLL. The landlords involved in the transaction are Criterion Group and Columba Pacific Advisors.

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$132,336,000

Industrial

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Players

Christopher Peck

JLL

Broker

$18.2B

vol

78 deals

Broker
Columbia Pacific Advisors
Columbia Pacific AdvisorsLender
Axos Bank
Axos BankLender
Columbia Pacific Advisors
Columbia Pacific AdvisorsLandlord
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New York 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

0.12%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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