The ownership's predisposition for long term financing
had to be balanced against a desire for a significant interest only period on a loan that was to be leveraged to $68 per square foot.
The important point here is that this owner used the strength of his firm's cash flow to attract long term financing
as a hedge against an unforeseen decline.
According to him, because the spread between long and short-term rates has compressed so dramatically, owners have been faced with the choice to either lock in long term financing
AMEX: RDM) on April 14, 1994, while Ajay continues to seek long term financing
Alpine stated that it intends to complete a long term financing
in early 1995 to refinance approximately $50 million of Adience 11% Notes due 2003.
HPT currently anticipates long term financing
this transaction by the issuance of both debt and equity securities.
provides fixed rate long term financing
for wide range of commercial property types from $500,000 to $3 million, while Ameritas will fund owner occupied property up to $5 million.
NYSE: GOT) today announced that as of March 30th, it has completed a long term financing
consisting of a $40 million, five-year accounts receivable securitization with The Prudential Insurance Company of America as the lead investor, and a $35 million three-year senior secured revolving credit facility provided by Barclays.
Long Term Financing
: Our long term financing
of our operations will be via principal guaranteed notes.
The long term financing
should be set in place in the next few weeks which will allow GBC to meet its financial commitments.
9 million in long term financing
to Joseph Iaciofano, a real estate investor from North Providence, R.
The Company has executed loan applications and locked interest rates for long term financing
for three of the ten shopping centers that secure the term loan.