Deal Summary
INSIGNIA arranged $350,000 of acquisition financing for an owner-occupied industrial condominium in Napa, California.
| Item | Detail |
|---|---|
| Transaction type | Owner-user acquisition financing |
| Property | Industrial condominium unit, owner-occupied |
| Location | Napa, California 94558 |
| Total financing | $350,000 |
| Loan structure | Interest-only term loan |
| Term | 12 months, with one 12-month extension option |
| Capital source | Proprietary capital |
The Transaction
The borrower acquired the industrial condominium unit for its own use. INSIGNIA arranged an interest-only term loan funded with proprietary capital, with an extension option that gave the borrower time to establish the business in the space before refinancing into longer-term financing.
Capital Structure
| Item | Detail |
|---|---|
| Loan amount | $350,000 |
| Structure | Interest-only term loan |
| Term | 12 months, with one 12-month extension option |
| Capital source | Proprietary capital |
INSIGNIA
INSIGNIA arranged the financing, including structuring the request, selecting the capital source and coordinating the process through closing. Owner-occupied commercial real estate is a core part of our practice, and we place financing across property types using the capital source that fits the borrower and the asset.
This summary describes a closed transaction for informational purposes and is not an offer of financing or a statement of current pricing, which varies with market conditions, property type, sponsor credit and program requirements.
