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CBRE ARRANGES $250 MILLION ACQUISITION FINANCING FOR H&R REIT

CBRE ARRANGES $250 MILLION ACQUISITION FINANCING FOR H&R REIT

Long Island City, NY – November 7, 2011 – (RealEstateRama) — The CBRE Capital Markets team in Tampa arranged the acquisition financing on Two Gotham Center, a 670,000-square-foot, state-of-the-art, LEED Certified 22-story office building, on behalf of the borrower, H&R REIT. Financing terms of the $250 million loan include a 10-year term and a 4.25% interest rate.