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1/06/26
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Keystone Mortgage Corporation has arranged $69.5 mil in fixed-rate permanent loans to refinance a portfolio of Southern California industrial properties totaling 1.07 msf of space. The properties are improved with 15 concrete tilt-up buildings and situated on a combined 52.5 acres.
The loans were funded through a life insurance company lender, which provided the non-recourse loans at an extremely competitive spread. The borrower is a private investor. Keystone’s Nick Viscount arranged the new financings.
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