Transaction Details
Industrial Outdoor Storage/Yard
$11,500,000
Windsor, CA
Industrial Outdoor Storage/Yard
- Project Type: Industrial Outdoor Storage/Yard
- LTC: 60%
- LTV: 60%
- Rate: 6.37%
- Term: 12 Years, 2 Year IO, 30 Year Amortization
Transaction Overview
Max Benjamin Partners successfully arranged permanent financing for a complex industrial outdoor storage property distinguished by a diverse tenancy structure, including month-to-month yard leases alongside established long-term industrial occupancy. While the asset demonstrated strong operating fundamentals and significant in-place cash flow, its unconventional collateral profile and unresolved environmental matters created meaningful underwriting challenges that limited the universe of viable capital sources.
MBP developed and executed a highly targeted financing strategy, conducting a competitive process across leading California banks and institutional lenders. Through detailed positioning of the asset’s durable income, strategic market fundamentals, and long-term value, MBP identified a lending partner capable of understanding the property beyond its nontraditional characteristics. The competitive process ultimately produced a compelling permanent financing solution that aligned with the sponsor’s objectives while addressing the complexities of the collateral and environmental diligence.
The resulting 12-year permanent loan fully retired the sponsor’s existing bridge debt, reduced near-term refinancing risk, and provided a stable capital structure designed to support the property’s continued performance and long-term growth. This transaction underscores MBP’s ability to navigate sophisticated underwriting obstacles, create lender competition, and deliver competitive financing solutions for complex and nontraditional commercial real estate assets.
MBP specializes in debt and equity placement for all asset classes. Our extensive network of unique capital sources in development and permanent financing and extensive capital markets knowledge allows us to tackle a wide variety of transactions, regardless of complexity or size, to benefit our clients.
MBP has a team of dedicated and experienced finance professionals with you at every step. We are consistently improving and expanding our capital market relationships and are committed to exceeding our client's expectations through these relationships, innovative solutions, and outstanding work ethic.
Intermediaries Team
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