(Read more on the debt and equitymarkets.)
MIAMI-The 650,000-sf Mall of Americas in Miami at 7795 FlaglerSt. has received a five-year, $52.5-million first mortgage loan torefinance existing debt on the mall. The property owner is SterlingCentrecorp Inc.
Northbrook, IL-based Allstate Real Estate Investment Group,though its commercial mortgage division, provided the financing.Albert Rex, of Collateral Mortgage Capital LLC, arranged thefinancing on Allstate's behalf.
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
© 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.
