OC Single Property
Multi-Tenant Industrial
Norwalk, CA
$3,000,000
33,000 SF | Insurance Company
Overview
Landlord was presented with a rare opportunity to purchase a prized multi-tenant industrial park which would integrate well into his existing portfolio of nearby similar industrial assets.
Landlord’s cash was light and the needed loan amount was more than the property would support. Additionally, he demanded the market’s best interest rate and needed to close in 4-5 weeks.
Leveraging one of its correspondent insurance company relationships Pathfinder used one of Landlord’s other assets to boost collateral value. This resulted in a lower than market interest rate while minimizing the required cash down and transaction closed in only 4 weeks.
Landlord’s cash was light and the needed loan amount was more than the property would support. Additionally, he demanded the market’s best interest rate and needed to close in 4-5 weeks.
Leveraging one of its correspondent insurance company relationships Pathfinder used one of Landlord’s other assets to boost collateral value. This resulted in a lower than market interest rate while minimizing the required cash down and transaction closed in only 4 weeks.
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