Brief
Simon, Invesco Score $750M Refi for Las Vegas Retail Property
Simon Property Group and Invesco Advisers have inked a $750 million CMBS loan for The Shops at Crystals, a 291,196-square-foot retail property in Las Vegas. Commercial Search reports Wells Fargo, Bank
Summary
Simon Property Group and Invesco Advisers have inked a $750 million CMBS loan for The Shops at Crystals, a 291,196-square-foot retail property in Las Vegas.
Commercial Search reports Wells Fargo, Bank of America and Goldman Sachs will originate and sell the interest-only, fixed-rate, 5.
20 percent note due to mature in 2031. Proceeds will retire a...
Source
- Connect CREconnectcre.com
