20 November 2009
The proceeds pay off a US$75.0 million loan maturing in 2010 and a US$65.2 million loan maturing in 2011 that are secured by five properties, and provide US$4.0 million for capital improvements to be drawn over a 24-month period.
By Jeff Higley, Editorial Director
06 May 2011
Speakers on a transactions panel at Meet the Money generally agreed assets have been overvalued in recent transactions, and they expect more deals to start taking place soon.