Roswell St Industrial

Transaction description

Trevor Blood of PSRS arranged the $1 million refinance of an industrial property in Los Angeles, CA. The subject property is a single-story concrete block industrial warehouse totaling 4,500 SF of net rentable area currently occupied by a craft beer microbrewery and includes a 900 SF retail taproom area with refrigerated storage, two restrooms, one drive-in loading door, and warehouse space with a 16-foot clear height. Financed with bank execution, PSRS provided its borrower with a fixed, non-recourse loan with a 10-year fixed term and a 25-year amortization.