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Axos Bank Refis IOS Portfolio With $132M Loan

Criterion Group and Columbia Pacific Advisors have sealed a $132.3 million debt package to refinance a 22-property industrial outdoor storage (IOS) portfolio spread across nine states, Commercial Observer can first report. Axos Bank provided the five-year, floating-rate loan for the sponsorship’s IOS properties, which span 230 acres. “The broad geographic scope of this portfolio positions it to increase in value as last-mile logistics drive increased demand for parking and outdoo...
United States Peter Rotchford Christopher Peck Christopher Pratt Marcus Millichap Shibber Khan
Source: yahoo.com

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