Westlake Office & Retail Portfolio
$97,400,000 Bridge Loan
4-Property Office & Retail Portfolio
Gresham, OR, Las Vegas, NV, & Albuquerque, NM
Highland arranged separate loans for each property which totaled $97.4 MM. The loans were provided by one lender. The 60% LTV loans were fixed at a sub 95 spread over the 10-year Treasury, and accommodated a 100% rollover in the Albuquerque building coming due in 3 years. The properties included: Gresham Station Shopping Center and Gresham Station North located in Gresham, OR; City Center West located in Las Vegas, NV; and 8801 Horizon Way located in Albuquerque, NM.