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REBusiness Online Securian Life Insurance Co. has provided $30 million of financing against Livonia West Commerce Center 2, a 365,000-square-foot industrial property in Livonia, Mich. Bernard Financial Group arranged the financing on behalf of Ashley Capital of New York. The ...
The venture purchased the properties from Greenwich Capital Commercial Funding Corp., 2005-GG5, which had taken them, along with 34 other industrial properties, by foreclosing on a $317.5 million mortgage against the entire portfolio. It bought the properties, 38220 and 38150 ...
The company purchased a 70 percent stake in the property
built in 1989; anchored by a Kroger supermarket and TJ Maxx
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