trending Market Intelligence /marketintelligence/en/news-insights/trending/bdnhojdglbzuqklwfgluhq2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

HFF obtains $105M loan to refinance Texas regional retail center

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

HFF obtains $105M loan to refinance Texas regional retail center

HFF Inc. secured $105 million from the Bank of America Corp. on behalf of The Retail Connection-led partnership to refinance a regional retail center in Tyler, Texas.

The loan carries a term of 36 months and a floating interest rate, with proceeds intended for the refinancing of The Village at Cumberland Park.

The 649,636-square-foot retail center consists of 14 buildings leased by tenants that include Bed Bath & Beyond, Cost Plus World Market, Nike, Bath & Body Works, Burlington, Studio Movie Grill, T.J.Maxx, H&M and Old Navy. Construction commenced in 2014, and expected to complete in 2018, which will take the property's floor area to upwards of 700,000 square feet.