Buchanan Mortgage Holdings, LLC (“BMH”) closed a $36,100,000 (64% LTV) bridge loan secured by a vacant Class-A terminal facility in Perris, CA. The property was recently completed and features 99 dock-high doors and surplus trailer storage. BMH provided the construction loan in 2022 and is pleased that the sponsor, a premier Southern California-based developer and owner of logistics-oriented real estate, selected BMH for the bridge financing despite competition from multiple other lenders.