Proficiency Capital has successfully secured a significant loan to facilitate its recent acquisition in the Inland Empire region, marking a notable advancement in its investment strategy. The financing, amounting to $10 million, was arranged through an undisclosed commercial bank and is designated for a fully leased industrial property located in Ontario, California. The property spans 90,600 square feet and is strategically situated near major highways, enhancing its logistical advantages. Proficiency Capital’s Managing Partner, Robert Lee, commented, ‘This acquisition aligns perfectly with our plan to expand our industrial portfolio in thriving markets like the Inland Empire, which continues to showcase strong demand for industrial spaces.’ This investment is seen as a strategic move to harness the growing industrial sector in Southern California, especially against the backdrop of the ongoing supply chain evolution. The Inland Empire has experienced an influx of logistics and distribution businesses, making it a hotspot for real estate investments. Proficiency Capital aims to leverage this opportunity to maximize returns for its investors.
Proficiency Capital Secures Loan for Inland Empire Purchase
