$11.78M Loan Secured For Industrial Properties In Bensalem Joliet And Fort Myers

The assets involved in the transaction include properties located at 1528 Bristol Pike, 2428 Reeves Road, 1715 Terry Drive, 4720 Laredo Avenue, and 4750 Laredo Avenue. These properties represent industrial assets in the markets of Bensalem, PA; Joliet, IL; and Fort Myers, FL. The loan associated with this transaction amounts to $11,775,000, specifically for acquisitions and refinancing purposes.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,775,000
• Properties Addressed: 1528 Bristol Pike; 2428 Reeves Road; 1715 Terry Drive; 4720 Laredo Avenue & 4750 Laredo Avenue
• Market Locations: Bensalem, PA & Joliet, IL; Fort Myers, FL
• Loan Type: Acquisitions & refinancing
• Landlord's Representative: Justin Boruchov, Morris Dabbah & Morris Betesh - Arrow Real Estate Advisors

The transaction features the involvement of key professionals in the commercial real estate sector, specifically represented by Justin Boruchov, Morris Dabbah, and Morris Betesh of Arrow Real Estate Advisors, who acted on behalf of the landlord in this deal. Their roles were critical in facilitating the transaction involving the extensive industrial properties across multiple markets.