October 6, 2023
Deal Closed! $26.6m Towards the Refinance of Two Industrial Facilities
Stabilis is pleased to announce the closing of a $26,600,000 senior secured bridge loan for the refinance of two industrial facilities in California.
Stabilis facilitated the real estate portion of a comprehensive refinancing for an operating business in the process of a turn around. The Los Angeles property is in close proximity to the city's port, and the San Bernardino property is located in a well-trafficked industrial complex.
Contact: Juan Robayo, 212-256-8968, juanrobayo@stabiliscap.com
$2M - $75M
Loan Amount
SOFR + 5.49%
Starting Rate
12-24 Months
Duration
1st Position
Senior Secured
Loan Buyer
Performing/Sub-performing