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LOS ANGELES — Johnson Capital has arranged $47.3 million in permanent financing for eight industrial warehouse/distribution buildings in the Los Angeles area. The facilities, which are owned by a privately held entity, contain a total of 927,000 square feet. Terms for the 25-year loan include a sub-5% net fixed interest rate with a 25-year amortization schedule. This excludes prepayment costs tied to an early refinancing with the same lender. Johnson Capital also negotiated a flat one percent prepayment option after the 15th year of the loan term. Financing was arranged by Kevin Burkhalter, a senior vice president out of Johnson Capital's Los Angeles office and manager of the Burkhalter Group.