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Rialto Capital Refis Philly Industrial Property With $119M Loan

A joint venture between Elion Partners and Kadima Industrial Partners has sealed a $118.5 million loan to refinance a newly built logistics asset in Philadelphia, Commercial Observer has learned. Rial

Rialto Capital Refis Philly Industrial Property With $119M Loan
Photo: Commercial Observer

A joint venture between Elion Partners and Kadima Industrial Partners has sealed a $118.5 million loan to refinance a newly built logistics asset in Philadelphia, Commercial Observer has learned. Rialto Capital supplied the floating-rate, interest-only debt on the sponsorship’s 759,460-square-foot industrial warehouse and distribution center at 5000 Richmond Street in Philadelphia’s Bridesburg neighborhood. The property […]

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