NEWSROOM
September 3, 2024
$1,350,000 Acquisition Loan for a Cold Storage Warehouse Facility located in Dinuba, CA
PACT Capital is pleased to announce that it has provided a $1,350,000 acquisition loan secured by a +/- 70k square foot cold storage warehouse facility on 2.58+/- acres strategically located in Dinuba, CA. The bridge loan has an advance rate of 60% LTV with significant prepayment flexibility.
The borrower was referred to PACT to structure an acquisition and improvement loan to carry out their business plan expansion for their construction materials operation and had a time sensitive close.
The borrower, a seasoned real estate investor with an extensive California portfolio, leveraged our firms’ market expertise and comfortability along with the ability to provide a tailored loan structure that fit their business plan.
As a relationship lender with deep expertise in the industrial sector, PACT Capital is uniquely positioned to provide financial solutions aligned with our clients’ specific needs and long-term goals. Our thorough understanding of this sector, coupled with our commitment to building long-term partnerships, enables us to provide financing strategies that support both immediate and long-term growth.