WAY Capital Closes $11.3 Million Value-Add Industrial Loan Facility in Sylmar, CA

CLOSED | $11.3 Million Value-Add Industrial Loan Facility | Sylmar, CA

WAY Capital is pleased to announce the closing of an $11.3 million value-add loan facility for an industrial asset in Sylmar, California, in the northeast San Fernando Valley.

The Financing

The loan facility gives our client the capital needed to upgrade the property and carry out its value-add business plan. Structuring financing around a property’s future potential, not just its current condition, takes a capital partner who understands the strategy, and we were proud to bring the right partner to the table.

The Property

The asset is located in an established industrial corridor in Sylmar with direct access to the I-5 and I-210 freeways. That connectivity links the property to the rest of the San Fernando Valley and the greater Los Angeles region, making it a well-positioned location for industrial users.

The Team

Congratulations to Malcolm Davies and Aiden Foster, who led this transaction, and to all parties involved in this successful closing.

Thank you to our client for entrusting WAY Capital with this financing, and to our capital partner for helping bring this transaction to a successful close.

Where there’s a will, there’s a WAY.