Light industrial loans are a type of commercial real estate financing designed for properties with light industrial use. These properties typically include warehouses, flex space, and industrial parks used for activities like storage, assembly, and distribution. Light industrial loans are used to acquire, develop, or refinance such properties.
Key Points:
- Property Type: Light industrial loans are specifically tailored for light industrial properties, which are versatile and often used for warehousing, distribution, and other commercial activities.
- Loan Types: They can take various forms, including purchase loans for acquiring properties, construction loans for building or renovating, and refinancing loans to replace existing debt.
- Loan Amounts: The typical loan amounts for light industrial loans can range from $500,000 to $5 million or more, depending on the lender and the borrower’s specific needs and qualifications.
For detailed guidance on light industrial loans and to determine the specific loan amounts available for your needs, please contact Obelisco Advisers experts.
