Brookfield, MCDA Negotiating Early Payment of Gaviidae Common Loans

MINNEAPOLIS-Early payment on the $29.5 million loans would free up money to

By Jim McCartney | January 22, 2001 at 01:01 AM

The prepayment would consolidate the loans, eliminate risks associated with repayment and recycle some of the loan repayment proceeds to help build out new retail leases Brookfield has in downtown Minneapolis. Any prepayment deal would be subject to approval by the MCDA board of commissioners and the Minneapolis city council.

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