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Joseph Cirone and Patrick J. Dugan Join CBRE as Senior Vice Presidents
The two portfolios total eight apartment communities and 2,986 units in Illinois and Indiana.
The loan proceeds paid off a bridge loan that was set to mature in June 2023.
The trade marks Decron's ninth property in the Phoenix metro area.
With this lease expansion, Burlington will take up 102,898 square feet across three full floors at 1400 Broadway.
The refinancing fuels ECI's reinvestment in existing assets and development pipeline.
The 415,000 square foot building is 25% preleased.
The manufacturing and distribution facility sells for $84 million.
The two high-rises total 213 units.
Walker & Dunlop structured the financing through Fannie Mae's Multifamily Affordable Housing platform.