CBRE Arranged Financing for Suburban Indy Mixed-Use Asset
By
Tony Seruga
The firm has arranged permanent financing for a retail and office development in Carmel.
116th St. Centre in Carmel, Ind.
Indianapolis—
CBRE Group has secured permanent refinancing of the existing debt on 116th St. Centre, a 30,966-square-foot mixed-use retail/office development located in Carmel, Ind., a northern suburb of
Indianapolis.
Dan Gable and Jason Brown from CBRE Capital Markets’ Debt & Structured Finance team in the Central Midwest worked on behalf of
TitanStar Properties Inc. to fund a nearly $7 million loan with a 10-year, fixed-rate term on a 30-year amortization schedule through
Starwood Mortgage Capital…
Leave a Reply
You must be logged in to post a comment.