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PCCP, LLC Provides $25.1 Million Senior Loan to PDC Memphis Oaks 3, LLC, a...

New York, NY - July 23, 2014 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $25.1 million senior loan to PDC Memphis Oaks 3 Holdings, LLC, a Class A distribution property totaling 1,025,000 square feet in Memphis, TN managed and sponsored by affiliates of Panattoni Development Company. The loan will recapitalize the existing financing, and will allow Panattoni to focus on leasing efforts on existing and future vacant space

Recent Gov & Nonprofit Real Estate Press Releases

New Dems Urge the President to Immediately Address the Housing Crisis

52 New Dems led by Housing, Infrastructure, & Transportation Working Group Chair Norma Torres (CA-35) and Housing Task Force Chair Emilia Sykes (OH-13) penned a letter to President Trump urging the Administration to take immediate steps to help make housing more affordable and accessible for more Americans.