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Sources Of Financing
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Sources Of Financing L.J. Melody & Co. (310-228-2100) arranged both the equity and debt financing for the acquisition of The Alhambra, a one million sq.ft. mixed-use center in Alhambra, CA. The company also arranged permanent financing of $10 million for Cobblestone Court, a 124,000 sq.ft. center in Burnsville, MN. Hudson Realty Capital, LLC (212-532-3553) closed the following transactions: $8.5 million for the acquisition of a site on Long Island, NY and a $2.55 million bridge loan for a property in Queens, NY. The company funds bridge loans, construction loans, mezzanine financing, preferred equity and the acquisition of discounted sub-and-non-performing debt.Holliday Fenoglio Fowler (404-842-4600) arranged $10.7 million in fixed-rate financing for Vineyard Marketplace, a 121,245 sq.ft. center located at the intersection of Glade Road and State Highway 121 in Grapevine, TX. The center is anchored by Winn-Dixie and is tenanted by Washington Mutual, Hallmark and H&R Block. |