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The California Statewide Communities Development Authority, or CSCDA, issued $188.16 million of tax-exempt essential housing revenue bonds to acquire the property. The venture put aside $17.3 million of that financing for upgrades, with the remainder set aside to cover other ...
Commercial Real Estate Direct Staff Report A venture led by Standard Communities has paid $140 million, or $608,696/unit, for the 230-unit Millennium South Bay Apartments in Hawthorne, Calif., with plans to lower rents. Standard Communities, of Los Angeles, partnered with ...
60 percent occupied. The property serves as collater for $11.16 million of debt that's securitized through Wachovia Bank Commercial Mortgage Trust, 2007-C31.
aka the AT&T Building; There are about 14 years remaining under AT&T's lease.
The two buildings, in the Mid-Westchester Executive Park, are fully leased.
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