Paradigm Commercial Real Estate Refinances Industrial Property In Cheshire, CT For $14.6M Loan Amount | 611-619 West Johnson Avenue | Adrian Edery | Industrial | Loan

Summary

Loan

OHIO

Industrial

208,000 sqft

Located at 611-619 West Johnson Ave in Cheshire, CT, this industrial property spans an impressive 208,000 square feet. The property was recently involved in a loan transaction.

Summary of transation details

Property Type: Industrial
Transaction Amount: $14,560,000
Loan Type: Refinance
Loan Terms: 70% LTV, 1yr IO, 5yr Fixed at 5.50%, 10yr Term, 29yr Amort, No prepayment Penalty

The deal was facilitated by Adrian Edery from Paradigm Commercial Real Estate. As a representative of the borrower, Adrian Edery played a crucial role in negotiating and securing the loan for this industrial property in Cheshire.

Players

All
2

Agents
1
Agencies
1

Adrian Edery

Managing Director

$12M Sold

Paradigm Commercial Real Estate

Details

Deal Summary

FINANCED

IMAGE: Adrian Edery DATE: 12/21/2022 ADDRESS: 611-619 West Johnson Ave MARKET: Cheshire, CT ASSET TYPE: Industrial ~ SF: 208,000 BROKER: Adrian Edery - Paradigm Commercial Real Estate (https://www.linkedin.com/company/paradigm-cre/) LOAN AMOUNT: $14,560,000 LOAN TYPE: Refinance LOAN TERMS: 70% LTV, 1yr IO, 5yr Fixed at 5.50%, 10yr Term, 29yr Amort, No prepayment Penalty

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Address611-619 West Johnson Avenue

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