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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