Farmers & Merchants Bank Provides $45M Loan For Industrial Property Acquisition In Santa Fe Springs
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This Industrial property located in CA received a loan of $45,000,000 over 1 year ago. The brokers of the deal were Marc Schillinger, David Sitt, Max Mraz, and Brooke Hinkel
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- Location12065 Pike Street, Santa Fe Springs, California 90670, United States
- Loan Value$45,000,000
- Asset TypeIndustrial
- Parties4 Brokers, 1 Agency
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Deal Summary
LOAN
IMAGE: Marc Schillinger, David Sitt, Max Mraz & Brooke Hinkel
DATE: 07/08/2022
ADDRESS: 12065 Pike St.
MARKET: Santa Fe Springs
ASSET TYPE: Industrial ~ SF: 158,000
LENDER: Farmers & Merchants Bank
LANDLORD: Thor Equities
BROKERS: Marc Schillinger (@Smaaackdab), David Sitt, Max Mraz (@Tajmraj) & Brooke Hinkel (@Brooke.Hinkel) - JLL (@JLL)
LOAN AMOUNT: $45,000,000
LOAN TYPE: Acquisition
LOAN TERMS: JLL identified a non-recourse and fixed rate bridge loan to minimize interest carry costs and rate exposure during execution of a long term business plan.
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12065 Pike Street
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