News

Private Equity Real Estate Investment Firm, Cohen Asset Management, Inc., and its Affiliate Cincinnati LeSaint Industrial Capital LLC, Complete Financing in Westchester, Ohio  
Los Angeles, California (May 15, 2013)
 
An affiliated company of Cohen Asset Management, Inc., obtained a new loan secured by a 700,000 square foot Class A industrial building located within the Westchester, Ohio submarket of Cincinnati.
  
“We are pleased to announce that we executed a new fixed-rate loan procured at a competitive interest rate and obtained on terms that meet the investment objectives of the property’s ownership. The lender is a major U.S. life insurance company that has been a lender in our portfolio of industrial real estate assets for several years,” stated Bradley Cohen, President.
 
“This refinancing is a good example of how Cohen Asset Management is working to maximize the benefits to our investors in this portfolio by executing debt at historically low interest rates. This achievement is indicative of our close lender relationships, the high quality of our industrial real estate assets, the benefits of low leverage, creditworthy tenants and the strong interest lenders have in our portfolio” stated Jason Haas, Chief Operating Officer.
 
About Cohen Asset Management™
Cohen Asset Management, Inc. is a private commercial and industrial real estate investment firm. The firm’s relationships extend to high net worth individuals and institutional investors. The private real estate investment firm is an active operator and investor of commercial and industrial real estate assets and has a well-established reputation as a value added investor focusing on commercial and industrial real estate opportunities that are inefficiently priced due to a variety of circumstances such as vacancies, rollover risk, sub-optimal management, inefficient current use, deferred maintenance, long-term undervalued leases or other unfavorable property and market conditions.