Business Wire - August 30, 2006
Remington Financial Group, Inc., a real estate investment bank headquartered in Philadelphia, PA, recently secured $142,250,000 in debt and bridge equity financing on behalf of an undisclosed joint venture. The joint venture, comprised of a local operator and institutional equity investor, was formed to acquire a portfolio of 14 office and industrial properties located in the Midwest and Southeast U.S. The portfolio's total purchase price amounted to $150MM for a total of 2.7MM square feet of space.
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Thursday, August 31, 2006
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