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Lender Provides $129.8M Loan for Dallas Retail Center Restructuring

Standard Chartered closed on a $129.8 million five-year term loan provided to an Ares Real Estate fund (Ares) and funds managed by Northwood Investors for the financing of The Shops at Park Lane, a mi

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Summary

Standard Chartered closed on a $129.

8 million five-year term loan provided to an Ares Real Estate fund (Ares) and funds managed by Northwood Investors for the financing of The Shops at Park Lane, a mixed-use retail and office destination in Dallas, Texas.

The financing supports Ares’ acquisition of a majority stake in The Shops at...

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