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Jones Lang LaSalle Inc. (via Public) / San Francisco multi-housing lease up financed for $104M


San Francisco multi-housing lease up financed for $104M
SAN FRANCISCO, March 2, 2021 - JLL Capital Markets announced today that it arranged the $104 million refinance of City Gardens, a recently developed multi-housing property located in San Francisco, California.
JLL worked on behalf of the borrower, Panoramic Interests, to secure the three-year, floating-rate loan through Ready Capital.
City Gardens consists of 200 two-, four- and five-bedroom micro-units, boasting strategic, efficient design. The property totals 152,445 square feet and features fully furnished bedrooms and living areas, expansive windows with beautiful city views, 9 ceilings and was sustainably built; including high-efficiency lighting and plumbing, laminated heat resistant glass and energy recovery ventilation. ....

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Anworth Declares a $0.04 Per Share Common Stock Dividend


Anworth Declares a $0.04 Per Share Common Stock Dividend
By
Staff
3 weeks ago
SANTA MONICA, Calif.–(BUSINESS WIRE)–$ANH#REIT Anworth Mortgage Asset Corporation (NYSE: ANH) announced today that its board of directors has declared a common stock dividend of $0.04 per share. The common stock dividend is payable on March 18, 2021 to common stockholders of record as of the close of business on March 15, 2021.
Important Additional Information about the Proposed Merger and Where to Find It
In connection with the proposed merger transaction contemplated by the Agreement and Plan of Merger, dated as of December 6, 2020, by and among Ready Capital Corporation, a Maryland corporation (“Ready Capital”), RC Merger Subsidiary, LLC, a Delaware limited liability company and a wholly owned subsidiary of Ready Capital (“Merger Sub”), and Anworth, pursuant to which, subject to the terms and conditions therein, Anworth will be merged with and into Merger Sub, wit ....

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