BWE successfully secured a combined total of $86,200,000 in financing for seven commercial and multifamily properties located in Orange, Riverside, and Los Angeles counties. The funding was arranged by the BWE team at their Los Angeles office through various life company lenders as well as a bank and debt fund.
According to Senior Vice President Max Sauerman: “Our dedicated team at BWE’s Los Angeles office is always determined to find solutions for borrowers seeking financing for properties regardless of location or other factors such as leverage, leasing status or property type. We are proud to utilize our extensive range of capital options to secure the best possible terms for all types of assets.”
The financed properties cover a diverse range including:
– Industrial Truck Terminal (Riverside County) – A construction take-out floating rate bridge loan worth $36,1000 from SVP Jake Roberts.
– Two Single-Tenant Industrial Buildings (Los Angeles County) – A permanent fixed-rate loan totaling $17,5000 originated by SVP Perry Colligan.
– Suburban Creative Office (Los Angeles) – A non-recourse permanent fixed-rate loan valued at $10.4 million sourced by Sauerman himself.
– Specialty Retail Property (South Bay area in LA) – Secured with a permanent fixed-rate loan amounting to $10 million from Roberts.
– Single-Tenant Flex Building (Orange County)- Another non-recourse permanent fixed-rate loan worth 9 million originated by Sauerman
-Multifamily Development Project(Los Angles)-A non-recourse permenant fixxed rate load valuing 3.2million orginatedby Colligan.
This successful round of financings demonstrates BWE’s ability to provide tailored financial solutions across various asset classes within Southern California region.”
