CBRE Capital Buys $43M Loans Backed by Office Tower

By remstaff & By Globe Street | October 26, 2011 at 08:57 PM

SEATTLE-CBRE Capital Partners acquires loans secured by the 42-story, 263,807-square-foot Smith Tower and the 7,829-square-foot Florence Building.

SEATTLE-CBRE Capital Partners, the real estate debt investment platform of CB Richard Ellis Investors, has acquired $42.5 million in non-performing loans secured by the 42-story, 263,807-square-foot Smith Tower and the two-story 7,829-square-foot Florence Building. According to HFF, which marketed the A and B mortgage notes on behalf of the seller, M

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