Prudential Mortgage Capital Company provides $118.5 million to finance four west coast shopping centers

Παρασκευή, 27 Μαρτίου 2015 09:33

SAN FRANCISCO - Prudential Mortgage Capital Company provided $118.5 million in financing to Donahue Schriber Realty Group toward its purchase of four grocery-anchored shopping centers in California and Washington, the company announced today.

Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE:PRU).
The financing, provided in four separate 10-year, cross-collateralized, fixed-rate loans, is secured by four properties - Gilman District in Berkeley, Calif.; Village Oaks in San Jose, Calif.; Lakeland Town Center in Auburn, Wash.; and Westgate North in Tacoma, Wash.

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