94 percent occupied. The buyer financed the acquisition with a $15.6 million loan from Prime Financial Partners.
Bank of America provided $11.6 million of financing for the purchase. The CMBS trust, Salomon Brothers Commercial Mortgage Trust, 2000-C3, took the property, at 800 and 810 Jorie Blvd., in 2009 after its previous owner, Prime Group Realty Trust, defaulted ...
The venture had paid Realty Finance Corp. about $18 million for the debt.
91 percent occupied. The property is collateral for $26.8 million of debt that's securitized through Credit Suisse First Boston Mortgage Securities Corp., 2001-CF2.
it is more than 90 percent leased.
Davis Cos. took over the property after buying $36 million loan that is backed by the complex. It lined up the debt from TD Bank.
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© 2023 Commercial Real Estate Direct All rights reserved..