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Funding Arranged for Industrial Acquisition

SAN DIEGO—Alison Company worked to provide funding for the purchase of three buildings with single-tenants who had inked new leases.

By David Phillips | Updated on March 25, 2015

SAN DIEGO—The Alison Company has arranged a $11 million loan to facilitate the purchase of three industrial properties in San Bernardino County.

“An interesting component to the loan was that we were able to secure a six-month forward rate lock, as the buyer and seller were both cooperating in exchanges and they needed flexibility of timing,” said John Dobrott, an associate with Alison. The loan was set for a 25-year amortization., and included two years of interest only as well.

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