Sunday, September 23, 2012

HFF completes $148 million loan sale in Los Angeles and San Diego Markets




IRVINE, CA - HFF announced it has completed the sale of a non-performing loan with an approximate $148 million unpaid principal balance on behalf of a special servicer.

The loan is secured by eight office properties and 16 buildings totaling approximately 900,000 square feet in the Los Angeles and San Diego markets.  The properties have an overall occupancy rate of 60%+. 


The HFF team was led by senior managing director Ryan Gallagher (top right photo) and managing director Mark Fallon (lower left photo).  Senior managing directors Richard Plummer and Nick Psyllos, director Andrew Harper and associate director CJ Osbrink also assisted with the sale.


Contact:

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |

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