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The Madison Group arranged a $4,500,000 loan to purchase an industrial / flex property in Georgia

Tags: Flex Industrial, Industrial Financing, Commercial Real Estate Loans, Purchase Financing, Georgia Financing, Nationwide Financing
Tuesday, Jun 27, 2023
by Robert Chase

The Madison Group (TMG), a leading source of industrial financing nationwide, arranged a $4,500,000 loan to purchase a multi-tenant, 52,000sqft industrial / flex facility in Gwinnett County Georgia. The property was purchased by an Atlanta based operator from an out of market owner.

The Madison Group was able to source financing through a Life Insurance company comfortable with the property type, location, and borrower’s experience. The interest rate, proceeds, and covenant requirements were significantly better than what was available through the borrower’s existing bank relationships.

Location: Georgia

Loan amount: $4,500,000

LTC: 71%

Term: 25 Years

Rate: 6.125%; adjusted every 3 years

Prepayment penalty: Yield Maintenance

Recourse No Financial Covenants or Deposit Requirements



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