The Madison Group (TMG), a leading source of industrial financing nationwide, arranged a $7,125,000 to purchase a multi-tenant industrial/flex facility. The property was 100% occupied with in place national tenants and significant upside from being leased under market.
The repeat client came to The Madison Group looking to maximize leverage. The Madison Group sourced a financing structure that would allow the borrowers to maximize proceeds while waiting out the initial lease expirations. The negotiated loan structure fit the client’s investment strategy and TMG, lender, and client all worked together to get it closed.
Location: Georgia
Loan amount: $7,125,000
LTV: 64%
Amortization: 18 months of I/O followed by a 25yr amortization
Rate: 7.4% fixed
Partial Recourse