$22,800,000
Transaction Type
Refinance
Loan Type
Portfolio Bridge Loan
Loan Term
3 Years + 2x1 Year Extensions

Highlights
Refinance of a 2-industrial property portfolio, totaling ~573,000 SF in well-established industrial pockets of the Chicago metro area.
Both assets had sub-70% occupancy at the time of closing; Borrowers business plan focused on leasing the vacant spaces.
Swift execution under a tight refinance timeline.
A10’s loan was structured with release provisions, providing the borrower flexibility to sell assets individually.
Experienced sponsorship group.