April 18, 2024 4:00 pm
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CBRE arranges $27.2M financing

CBRE-LogoBy Justin Sumner | costar.com

CBRE’s Debt & Equity Financing Group secured a $27.2 million loan for Phoenix, AZ-based Cole Real Estate Investments. The REIT used the proceeds to refinance a portfolio of six single-tenant retail assets spread across the country.

The retail assets include a Home Depot in San Diego, CA; a Harris Teeter in Durham, NC; a Kohl’s in Monrovia, CA; a Walgreens in Edmond, OK; a CVS in Southaven, MS; and another Kohl’s in Tavares, FL. The portfolio totals nearly 350,000 square feet of retail space.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.