Alexander’s, the department store chain-turned-REIT controlled by Vornado Realty Trust, secured a $253 million loan from Bank of China to refinance part of its giant Queens shopping center. The new.
Guide to shopping center loans nationwide: large mall development, acquisition, refinance, and building a shopping mall + retail financing to $500M.
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Facing a potential loan default, the property’s owner is seeking a modification of the shopping center’s debt, according to a loan report from Bloomberg. Centerpointe suffered a big blow in March,
Representatives of Centerpointe’s owner, an investor group organized by former phoenix-based real estate firm Cole Capital, had been trying to negotiate a break on the shopping center’s $29.4 million.
Our retail property conduit loan program offers financing for shopping malls, strip malls, retail parks, lifestyle centers, and other medium to large-scale retail.
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Visit your local LendNation at 400 Huck Finn Shopping Center in Hannibal, MO for a short-term loan solution that works for you. Experience Lendnation’s excellent customer service and visit us today.
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Crefoca provides conduit shopping center loans with low fixed rates, 30 year terms, and no lender point options.
Shopping center financing is a Barclay Associates specialty. We have creative lenders who can structure a loan for that shopping center you want to buy, refinance or rehabilitate. Many conventional banks have been turning down borrowers looking for shopping center financing.
Westbury-based Kalikow Group and a Connecticut partner have secured a $20 million refinancing loan for their Staten Island shopping center. The Kalikow Group and New Canaan, Conn.-based Feldco.