Bricks on Main
$1,050,000 Industrial Loan from Life Insurance Company
Dave Semmer of PSRS arranged the $1.05 million refinance of an industrial property in Gardena, California. The subject property is a 13,871-square-foot industrial property. Financed with one of our correspondent life insurance companies, PSRS provided its borrower with an interest-only, non-recourse loan with a five-year term and 30-year amortization.