Developer Secures $234,000,000 for LA Portfolio

G.H. Palmer, a Southern California-based commercial real estate developer, has obtained more than $233.6 million in cash-out refinancing for a multifamily portfolio.  The properties, the Medici and Orsini I, are in downtown Los Angeles.  Gary M. Tenzer, principal and co-founder of George Smith Partners, oversaw the refinancing on behalf of G.H. Palmer, arranging the loan as interest-only for its entire term. Click here to read the full story.

 

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