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Earlier this month, Hines secured $182 million to refinance Intersect, a four-building office campus in Orange County. The deal offers some insight into how the debt markets are working. Life companies and the agencies have been the most active in providing debt during the pandemic, and this deal was no different. Hines, along with its joint-venture partner, placed the three-year, interest-only financing with MetLife Investment Management. JLL secured the funding on behalf of the borrower.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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