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CBRE ARRANGES $30.3M LOAN FOR ACQUISITION OF ORLANDO OFFICE BUILDINGS

CBRE ARRANGES $30.3M LOAN FOR ACQUISITION OF ORLANDO OFFICE BUILDINGS

Orlando, FL – August 1, 2013 – (RealEstateRama) — CBRE’s Debt & Equity Financing Group has secured a $30.3 million loan for Miami-based Banyan Street/Gap Primera Owner LLC, to acquire two Class A office properties in Orlando – Primera I and II. NXT Capital of Chicago, Illinois originated the four-year, interest-only loan at an aggressive rate.

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CBRE

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

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Robert W. McGrath
Senior Director, Corporate Communications

+1 212 9846515
+1 800 7996523 FREE