By Hadden Schifman | VISSDA
Mr. Tim Ballard, in his capacity as President of Newport, CA-based Buchanan Street Partners has made a portfolio purchase summing $52.6M. The properties include:
Carlson Real Estate Company- the real estate arm of Carlson—a franchisor of TGI Fridays restaurants operator of 1,300 hotels worldwide—developed most of the portfolio from ground up. California Bank & Trust loaned Buchanan $37M secured by the portfolio.