The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
December 5, 2019
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
CIP Secures New Financing of $58.6 Mil on Trio of Inland Empire Assets

11/25/19

CIP Real Estate has obtained $58.6 mil in new, first lien financing on three industrial/office properties totaling 610k sf in the Inland Empire. Kevin MacKenzie, Brian Torp and Peter Thompson with JLL Capital Markets arranged the seven-year, fixed-rate loan through a national life insurance company.

College Business Park, Upland
College Business Park, Upland
The portfolio comprises: the 17-building College Business Park in Upland; the 12-building Milliken Business Center in Ontario; and the five-building Summit Business Center in Riverside. Overall, the portfolio is 95% leased to over 300 separate tenants.

CIP Real Estate retained JLL Securities as part of a broader strategic objective. The recapitalization included the procurement of up to $300 mil of equity growth capital creating nearly $900 mil of buying power over the next three to four years. The capital raise was led by JLL’s Jeff Hawkins and Derek Landry.





Return to the previous page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media