OC Single Property
Single Tenant Industrial Building
Inland Empire, CA
$12,750,000
186,118 SF Warehouse | Insurance Company
Overview
The existing mortgage was maturing at the same time the lease and the tenant were vacating. The existing Lender desired to be paid off while the building was vacant and Landlord was still negotiating with a replacement tenant.
Solution: Pathfinder negotiated a temporary extension on the maturing financing while simultaneously sourcing the refinance debt with one of its insurance company relationships. This gave the Landlord time to re-lease the property and eventually secure extremely low long-term fixed rate financing.
Solution: Pathfinder negotiated a temporary extension on the maturing financing while simultaneously sourcing the refinance debt with one of its insurance company relationships. This gave the Landlord time to re-lease the property and eventually secure extremely low long-term fixed rate financing.
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