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94 percent leased. Rouse financed the purchase with a $74.2 million loan that's expected to be securitized. The debt was underwritten with the assumption that the property would generate $15.7 million of cash flow annually.
Rouse Properties has acquired Fig Garden Village, a 301,459-square-foot lifestyle center in Fresno, Calif., for $106.1 million, or about $351.95/sf. The property, at 5082 North Palm Ave., is 94 percent leased and anchored by Whole Foods, which occupies 29,501 ...
AG West funded the transaction with $15 million of floating-rate financing provided by Capmark. Guarantee Financial is about 75 percent leased.
An affiliate of Angelo Gordon & Co. has paid $20 million for Guarantee Financial Center, a 151,000-square-foot office complex in Fresno, Calif.The New York investment adviser purchased the building from Blue Real Estate Group of Beverly Hills, Calif., in a ...
February 11, 2005 iStar Financial has provided a joint venture between Barrow Street Capital and Coast Pacific Asset Management with a three-year, $79.5 million construction loan for the development of an upscale fractional ownership resort in California.The loan will fund ...
98 percent occupied, with average monthly rent of $612
at 353 Nees Ave.; built in 1990; 95% occupied and tenants pay rents that range from $580 to $820/month.
August 27, 2001 FRESNO, Calif. – Lend Lease has provided $11.9 million in fixed-rate financing for the Mirage and the Lakes Apartments, through its Fannie Mae Delegated Underwriter and Servicing program.The 10-year loan bears a 6.9 percent interest rate with ...
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