Republic Properties Secures $97M Refi Toward DC Office
The loan was arranged by JLL Securities and provided by an unnamed pension fund, according to Bisnow.
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The loan was arranged by JLL Securities and provided by an unnamed pension fund, according to Bisnow.
Swift Real Estate Partners confirmed Monday that it has acquired the roughly 180,600-square-foot Gateway project in Millbrae.
The city would issue $170 million in bonds to finance the development's initial phase, and establish a community development authority as a financing option for future phases.
Administrators’ pitch to change the city’s approach to financing its massive Diamond District development appeared to land receptively with Richmond City Council on Monday, despite increased risk.
In a proposal that will be presented to City Council today, administrators are recommending that the city issue its own revenue bonds to fund the stadium and infrastructure for the development’s first phase.