Dorel Industries shares rise after Cerberus raises takeover offer to $16 per share
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Dorel Industries shares rise after Cerberus raises takeover offer to $16 per share
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Madison Realty Capital Provides $110 Million Loan for Master Planned Housing Development in .
Madison Realty CapitalApril 21, 2021 GMT
NEW YORK, April 21, 2021 (GLOBE NEWSWIRE) Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has provided a $110 million loan to a joint venture between Harridge Development, Silverpeak Real Estate Partners and an affiliate of Cerberus Capital Management for single family home lots located at 27812 South Western Avenue in San Pedro, California.
To date, the majority of the lots in the master planned gated community have been sold or are in contract with home developers.