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HDG Mansur Finances $425 Million US Portfolio
01 March 2006
HDG Mansur is pleased to announce the refinance of a five-property portfolio of buildings located in Boston, Massachusetts; Torrance, California; Baltimore, Maryland; Chicago, Illinois; and Houston, Texas. The transaction also included financing for three additional US properties and an acquisition line.
The $425 million transaction, completed with ING Real Estate Finance USA ('ING'), includes over 1.145 million sq. ft. of industrial and office space. "This completes HDG Mansur's second refinance with ING," states Harold D. Garrison, Chairman/CEO of HDG Mansur. "In total we have refinanced over 2.6 million sq. ft. of single tenant office, industrial, and retail buildings through the United States."
In the last two years, HDG Mansur has advised its clients in the acquisition of global properties in excess of US $1 billion in property. HDG Mansur continues to seek attractive property acquisition opportunities in North America and in Europe.
HDG Mansur is a collection of international companies that shares common values in providing real estate wealth management services for high net-worth individuals and select institutions worldwide. Since 1982, HDG Mansur has advised, developed or managed international real estate projects and investments totaling over $3.5 billion. HDG Mansur has offices in London, New York and Indianapolis.
MEDIA CONTACT:
Tiffany Gerber
Phone: +1.317.655.7700
Email: tgerber@hdgmansur.com