September 27, 2024

Artes Capital provided bridge refinancing for a longtime sponsor on a newly completed industrial building in Baldwin Park. The subject property is a 20,847-s.f. building with 1,800 s.f. of office space, 28’ ceiling clearance, four drive-in bays and one dock-high door. The building currently exists as one space but could easily be demised into four units, each with its own office pod. The sponsor financed the initial ground-up construction with another lender with whom Artes maintains a friendly relationship. More