$20 Million Industrial Portfolio Acquisition

By Trevor Damyan, Commercial Mortgage Broker at Commercial Lending Solutions

A $20 million industrial portfolio acquisition typically combines 5 to 10 stabilized industrial properties under cross-collateralized financing. Most $20M industrial portfolios fund through life co, CMBS, or specialty industrial bank programs at 60 to 70 percent LTV.

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What a $20M Industrial Portfolio Acquisition Capital Stack Looks Like

$20M industrial portfolio acquisitions fund as cross-collateralized senior loans.

Capital Source Rate / Cost Size / LTV Notes
Life insurance company 5.95 to 6.65% $20M / 55 to 65% LTV Trophy stabilized portfolio
CMBS conduit 6.45 to 7.25% $20M / 65 to 70% LTV Stabilized credit-tenant
Specialty industrial bank 7.05 to 8.25% $20M / 65 to 70% LTV Mid-market portfolios
Bridge debt fund SOFR + 425 to 600 $20M / 70 to 75% LTC Value-add

Pricing reflects active CLS CRE quote pipeline as of April 2026. Specific deal pricing depends on sponsor, property, and structure.

Who Closes a $20M Industrial Portfolio Acquisition Deal

Typical $20M industrial portfolio sponsors are institutional industrial operators with 10 to 30 properties. Cross-collateralization captures pricing efficiency.

A Real $20M Example

On a $21M acquisition of a 6-property industrial portfolio (320,000 sq ft aggregate) in Sun Belt logistics markets, the sponsor financed through life co at 6.45 percent fixed 10-year, 60 percent LTV ($12.6M).

Anonymized. All deal references protect borrower and lender identity.

$20M Industrial Portfolio Acquisition FAQ

$20M typically combines 5 to 10 properties; $30M combines 6 to 12 properties. Pricing efficiency from cross-collateralization scales with portfolio size.
Rarely. Life co allocator discipline caps stabilized industrial at 60 to 65 percent LTV typically.

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