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Oct

23

C&W Secures $13M in Financing for GA Assets

By Tony Seruga

Senior Director Jason Hochman worked on behalf of property owner KAS Partners in arranging the fixed-rate loans for Phoenix Business Park and Kings Landing Office Center.

Cushman & Wakefield (C&W) arranged financing for Miami-based KAS Partners’ acquisition of Phoenix Business Park in Atlanta, and Kings Landing Office Center in Roswell, Ga. Senior Director Jason Hochman of C&W’s South Florida commercial team worked on behalf of the borrower in securing the loans.

Hochman arranged a $7.2 million fixed-rate mortgage with an interest-only period for Phoenix Business Park, originated by Citibank, Yardi Matrix shows. The financing is set to mature in October 2022. The second loan is a $5.3 million fixed-rate financing with flexible pre-payment options secured for Kings Landing Office Center, originated by Continental Casualty Co. and scheduled to mature in January 2022…

C&W Secures $13M in Financing for GA Assets

Categories : Commercial Real Estate

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