BEB Lending Provides $9.7M for Florida Industrial Acquisition
BEB Lending, the finance platform of BEB Capital, has provided a $9.7 million, 24-month acquisition and capital expenditure bridge loan to Hersh Equity Group (HEG) for the acquisition financing of a 77,657 square-foot industrial property at 1800 Hypoluxo Rd. in Lake Worth, Florida. The financing will be used to provide the sponsor with the ability to capitalize on the mark-to-market potential of the property…
