BEVERLY HILLS, CA--(Marketwired - May 12, 2015) - Sonnenblick-Eichner Company announced today that they have arranged over $350,000,000 of shopping center financings for various projects located throughout the United States. These transactions included construction, permanent fixed rate and floating rate interim loans for both fee simple transactions and complicated ground lease structures. Property types included single tenant credit lease properties and destination specialty entertainment centers.
David Sonnenblick, a Principal of Sonnenblick-Eichner Company, commented, "The three managing partners of our firm bring over 100 years of combined transactional experience to each retail financing assignment. We pride ourselves on being client oriented and having the experience and expertise to evaluate and execute complicated transactional structures. The tremendous amount of repeat business that we do is a testament to our reputation and focus on executing on behalf of the borrower."
Sonnenblick-Eichner Company's recently completed retail transactions include:
| • | PIER 39 San Francisco, CA 19-Year Fixed Rate Leasehold Financing for 200,000 sf entertainment, specialty retail center. | • | Shops at Canal Place New Orleans, LA 10-Year Fixed Rate Financing for a Saks Fifth Avenue Regional Mall & Parking Garage. |
| • | Brentwood Place Los Angeles, CA Construction and 10-Year Fixed Rate Financing for a build-to-suit Theory & Helmut Lang stores. | • | Grant Road Marketplace Mountain View, CA 10-Year Fixed Rate Financing for a multi-tenanted shopping center anchored by City Sports Club. |
| • | Home Depot Shopping Center Los Angeles, CA 15-Year Fixed Rate Financing for a freestanding Home Depot store, subleased to Goodwill Industries | • | Brentwood Town Center Los Angeles, CA 10-Year Fixed Rate Financing for a multi-tenanted shopping center. |
| • | Rancho Marketplace Gateway Burbank, CA 15-Year Fixed Rate Financing for a Pavilions anchored shopping center. | • | Office Depot Los Angeles, CA 15-Year Fixed Rate Financing for an Office Depot anchored property. |
| • | Hayden Island Harbor Shops Portland, OR 10-Year Fixed Rate Financing for a multi-tenanted shopping center. | • | 1301 Madison Avenue Chicago, IL 5-Year Floating Rate, Interim Financing for street level retail in Chicago's West Loop. |
About Sonnenblick-Eichner Company
Sonnenblick-Eichner Company (www.sonneich.com) is a Beverly Hills-based real estate investment banking firm that specializes in arranging structured finance for acquisition, construction and permanent loans, interim and mezzanine financing as well as joint-venture equity transactions. The company is recognized for its expertise in marketing institutional real estate for sale and providing capital for all product types including retail, office, hospitality, industrial, and multifamily properties.
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Contact Information:
Media Contact:
Colette Schamet
cschamet@sonneich.com
(310) 286-7700 x 108
