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BWE Arranges $86M in Financings for SoCal Properties
BWE arranged a combined $86,200,000 in financing for seven commercial and multifamily properties in Orange, Riverside, and Los Angeles counties. The BWE Los Angeles office originated the financing from life company lenders, a bank and a debt fund.
“The BWE Los Angeles team is always committed to finding ways to help borrowers secure financing for properties regardless of location, leverage, leasing, quality or property type,” said SVP Max Sauerman. “BWE continues to leverage its comprehensive suite of capital solutions to ensure optimal financing terms for properties across every asset class.”
Spanning a variety of asset types, the properties include:
- Industrial Truck Terminal (Riverside County), a $36,100,000 construction take-out floating rate bridge loan. SVP Jake Roberts originated the loan.
- Two Single-Tenant Industrial Buildings (Los Angeles County), a $17,500,000 permanent fixed-rate loan. SVP Perry Colligan originated the loan.
- Suburban Creative Office (Los Angeles), a $10,400,000 non-recourse, permanent fixed-rate loan. Sauerman originated the loan.
- Specialty Retail (South Bay, Los Angeles), a $10,000,000 permanent fixed-rate loan. Roberts originated the loan.
- Single-Tenant Flex Building (Orange County), a $9,000,000 non-recourse, permanent fixed-rate loan. Sauerman originated the loan.
- Multifamily Development (Los Angeles), a $3,200,000 non-recourse, permanent fixed-rate loan. Colligan originated the loan.
- ◦Financing
