LPNEWS
Aries Capital has announced the closing of a $50 million bridge loan for the acquisition of a $65.5 million, 290,195-square-foot industrial property in Pomona, California. Closed on behalf of buyer Hawkeye Holdings, LLC in 17 days, the 3-year interest-only loan was arranged by Director of Capital Markets Brandon Perdeck, Director of Acquisitions Matt Carney and Assistant Vice President Steve Adams through a national balance sheet lender. The sales transaction was negotiated by Lee & Associates, and was the largest industrial transaction completed in Pomona in 2022.

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