Hawthorne Village in Port Orange, FL Receives $22M LoanORLANDO, FL– The Orlando office of CB Richard Ellis is pleased to announce, David Borge, (top right photo) Senior Vice President with CB Richard Ellis Capital Markets group has financed the Hawthorne Village Apartments (top left photo) in Port Orange, Florida.
Hawthorne Village is a newer 378 unit apartment community. The loan amount of $22,145,000 was placed with Freddie Mac.
Birch Landing Apartments in Georgia Gets $21M Loan
ORLANDO, FL – The Orlando office of CB Richard Ellis is pleased to announce that Dennis Jimenez, (middle right photo) Vice President with CB Richard Ellis Capital Markets Group, has arranged financing in the amount of $21,049,000 on behalf of a Florida investor for the acquisition of Birch Landing Apartments.(middle left photo)Birch Landing is a 518-unit apartment community located in Austell, Georgia.
CBRE was able to accommodate the demandi
ng time-frame required by the borrower and closed the loan within 21 days of loan application.
ng time-frame required by the borrower and closed the loan within 21 days of loan application. Terms of the financing included an interest-only period of 24 months, followed by 30-year amortization, and 80% loan to value
Contact: Angelique Greven, 407.839.3158 angelique.greven@cbre.com
Contact: Angelique Greven, 407.839.3158 angelique.greven@cbre.com
CB RICHARD ELLIS NAMED EXCLUSIVE SALES AGENT TO CHICK-FIL-A IN CENTRAL FLORIDA
ORLANDO, FL – The Orlando office of CB Richard Ellis is pleased to announce, Jorge Rodriguez, (bottom right photo) CCIM, Retail Associate, has been selected by Chick-fil-A® as their exclusive represent
ative in Central Florida.
ative in Central Florida.Mr. Rodriguez will be responsible for Chick-fil-A's site selections within Central Florida's five counties of Orange, Seminole, Osceola, Volusia, and Polk.
Credited with introducing the original boneless breast of chicken sandwich and pioneering in-mall fast food, Chick-fil-A®, Inc., is one of the largest privately-held restaurant chains – with more than 1,400 restaurants in 38 states and Washington, D.C. – and the second-largest quick-service chicken restaurant chain in the nation, based on annual sales.
System-wide sales in 2007 reached $2.64 billion. These figures reflect a 16.09 percent increase over the chain's 2006 performance and a same-store sales increase of 8.47 percent.
Additional information may be found at http://www.chick-fil-a.com/.
Contact: Angelique Greven, 407.839.3158, angelique.greven@cbre.com
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