12,230,000 | Burke Real Estate

New Burke

Property: Cedar Grove Business Park & Orange Technology Center
Location: Orange County, CA
Description: Two multi-tenant industrial buildings totaling 129,200 square feet.
Loan Type: Refinance Loan
Lender: CMBS

Client Benefits:

  • Negotiated debt yield and DSCR thresholds to maximize loan potential.
  • 10-Year fixed rate to reduce interest rate risk for the long-term hold
  • Non-recourse loan to minimize contingent liabilities
  • Individual (non-crossed loans) to maximize borrower’s future flexibility