Affinius Capital LLC has originated a $150 million loan on a cross-collateralized industrial portfolio consisting of six Class A assets totaling 1.8 million square feet. The portfolio, located in high-growth US markets, was financed for a Real Estate fund managed by Ares Management.  

“Leasing activity has been strong with approximately 40 percent of the portfolio leased and letters of intent out on the majority of the remaining vacant space,” said Tom Burns, managing director of Affinius Capital. “The portfolio provides submarket diversity and a compelling opportunity to provide financing to Real Estate funds managed by Ares as it leases the portfolio to stabilization.” 

The industrial buildings feature sought-after amenities such as 24’ – 36’ clear heights, 32-108 dock doors, 130’ – 185’ truck courts, and convenient access to major roadways. Situated in Palm Beach, FL, Louisville, KY, Charlotte, NC, Atlanta, GA, Philadelphia, PA, and Dallas, TX, the portfolio offers users flexible space options to meet current market demands. (Photo: Property in Coopertown)

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