A snowstorm pushed an announcement, scheduled for today, toMonday.
However, Stephen Gleason, executive vice president of AmerimarEnterprises Inc., confirms to GlobeSt.com the contents of thesubsidy package.
ABFS will receive $4.6 million in city and state subsidies. Cityhall has arranged low-cost federal financing to help coverrenovation costs for Amerimar, which manages the property and alsoowns it in partnership with Minneapolis-based Cargill Inc.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
