Breaking: MetroGroup Secures Multimillion-Dollar Refinancing for Pomona Industrial Complex
MetroGroup Realty Finance, a prominent private commercial mortgage banking firm headquartered in Newport Beach, has successfully secured a substantial $24-million loan to refinance a significant industrial property. The expansive 228,000-square-foot single-tenant manufacturing facility, strategically located at 2200 S Reservoir Street in Pomona, represents a noteworthy transaction in the commercial real estate sector.
Vice President Ivan Kustic played a pivotal role in the deal, expertly navigating the refinancing process on behalf of the property owner. Demonstrating his professional acumen, Kustic successfully closed a fixed-rate senior loan with an international banking institution, providing the borrower with a robust financial solution for their owner-occupied manufacturing facility.
This sophisticated financial arrangement underscores MetroGroup Realty Finance's expertise in delivering tailored lending solutions for complex commercial real estate investments, highlighting the firm's commitment to supporting industrial property owners with strategic financial services.