Developer Receives M in Financing for Poway Parcel

Real EstateDevelopmentNews Poway property -- Photo courtesy of Dekel Capital An Orange County developer, 5-Ronin, has received $8 million in financ...

December 21, 2022
9:56 AM

Real EstateDevelopmentNews Poway property -- Photo courtesy of Dekel Capital An Orange County developer, 5-Ronin, has received $8 million in financing for the acquisition of a 2.78-acre Poway site with plans to use it for outdoor industrial storage. The financing was arranged by Dekel Capital of Los Angeles. The property is located at 12690 Danielson Court in the Poway Business Park. The fenced lot includes a standalone building, allowing prospective tenants to operate out of a building while using the excess land, said 5-Ronin Partner, Benji Miller.

George Lurie