Case Studies ยป Duluth Industrial Warehouse Acquisition
Inner Circle Capital successfully arranged the financing for the acquisition of a 43,000-square-foot industrial warehouse in Duluth, GA. Despite a short-term Weighted Average Lease Term (WALT) being a challenge during the underwriting process, the team was able to overcome this obstacle by leveraging market rents and strong occupancy levels in the area to demonstrate the property’s stability and income potential.
The loan was structured with a competitive fixed interest rate of 6.5%, a 70% Loan-to-Value ratio, and a 25-year amortization period. Notably, there is no prepayment penalty, providing flexibility to the borrower for future refinancing or early repayment. The transaction successfully closed, providing the borrower with the capital needed to acquire this property.
Capital Advisor: Andrew Bouton
All rights reserved to Inner Circle Capital.