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.
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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…
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