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9/14/26
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A five-building, SoCal industrial portfolio owned by a private investor has been refinanced with a new cross-collateralized permanent loan for $22 mil. The security consists of four buildings in Redlands and one structure in Rancho Dominguez with a combined 315k sf of space.
Gantry’s Stephan Coste, Senior Director, and Nick Severson, Associate, with the firm’s Irvine production office arranged the new financing. The 10-year, fixed rate, non-recourse loan was provided by a private capital lender and includes full-term, interest-only payments and prepayment flexibility. Gantry will service the loan for the lender.
According to Coste, their goal was to maximize proceeds and optimize a blended rate for the permanent refinancing of a portfolio of legacy-hold industrial assets located in key Southern California submarkets.
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