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Bandon Arranges Refis on MOB, Industrial Across from SoFi Stadium
Bandon Capital Advisors, a commercial mortgage banking and capital advisory firm based in Los Angeles, recently arranged two financing transactions totaling $24.55 million on behalf of a private investor. They included $12 million for a single-tenant medical office building and $12.55 million for a single-tenant industrial asset in Inglewood. Both properties are located directly across from the NFL’s new SoFi Stadium.
The firm continues to see demand for financing well-located industrial and medical office properties in Los Angeles, said Bryan Kenny, co-founder and president at Bandon.
“E-commerce is driving demand for logistics and distribution centers across the United States, especially in regions like Southern California that enable efficient distribution through access to major ports, highways, and airports,” he said. “In addition, medical office is extremely healthy in this area, with L.A. ranking as one of the top 10 medical office markets in the country in rent growth. These fundamentals are fueling financing activity in both sectors throughout Los Angeles.”
- ◦Financing
