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DRA will assume $46Mln of debt on property, which was built in 1999
March 11, 2002 Prudential Mortgage Capital has provided a $9.15 million loan secured by a 204-unit garden apartment complex in Columbia, S.C., and an $8.75 million loan for six self-storage properties throughout Georgia.The 10-year, $9.15 million loan, which has a ...
February 15, 2002 UNIONDALE, N.Y. – Arbor Commercial Mortgage LLC has converted a $15.3 million apartment construction loan into a permanent loan under a Federal Housing Administration program.The financing is backed by the Oaks at Broad River, a 248-unit complex ...
February 7, 2002 TUCSON, Ariz. – Education Properties Trust has acquired two student apartment communities, one each in Arizona and South Carolina, from JPI of Dallas for $41.4 million.The properties are a 300-unit facility at the University of Arizona in ...
January 2, 2002 CHARLESTON, S.C. – Liberty Property Trust (NYSE:LRY) has sold its portfolio of 13 office and industrial properties for about $74 million.Chicago-based Jupiter Realty Corp. bought the portfolio from Liberty Property, which had been the largest office and ...
December 27, 2001DILLON, S.C. – Lexington Realty Advisors Inc., an affiliate of Lexington Corporate Properties Trust (NYSE:LXP), has paid $16 million for a newly constructed distribution facility. Lexington Realty Advisors secured a $12.7 million mortgage for the property. The 15-year ...
October 4, 2001 COLUMBIA, S.C. – Lexington Corp. Properties Trust (NYSE:LXP) has completed a $10.9 million, 107,894-square-foot expansion of a 348,410-sf office building net-leased to Blue Cross Blue Shield of South Carolina. The two-story expansion has been leased by the ...
August 8, 2001 CHESTER, S.C. – GMAC Commercial Mortgage Corp. has provided an $11 million floating-rate bridge loan to Lexington Chester Industrial LLC for a manufacturing plant.The three-year mortgage, which includes two one-year extension options, replaces a $15 million construction ...
April 19, 2001 COLUMBIA, S.C. – Lexington Corporate Properties Trust (NYSE:(NYSE: LXP) plans to expand an office building on Technology Circle, at an estimated cost of $10.5 million.The 348,410-square-foot building, at 17 Technology Circle, will be expanded by two stories, ...
The bank has signed a 20-year lease for a large block of space in the 10-yo building.
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