Minnesota Life Insurance Co. has provided a $33.5 million loan against a portfolio of 10 industrial properties with 443,488 square feet in greater Philadelphia. The loan, with a five-year term and fixed coupon, was arranged by JLL Capital Markets. It allowed the portfolio’s owner, Wharton Industrial of New York, to refinance existing debt. Wharton had […]

The post Minnesota Life Lends $33.5Mln Against Portfolio of Phila.-Area Warehouses appeared first on Commercial Real Estate Direct.