Refinancing Arranged . . . Really
This property might not look different, but you’re just being superficial. A closer look shows HFF’s Dallas office arranged a $22.6M refinancing for the 149k SF Lincoln Park grocery-anchored retail center in Dallas. Managing director Kevin MacKenzie and senior managing director Trey Morsbach worked on behalf of a jv between a client of Invesco Real Estate and Inland Western REIT on the 5-year fixed-rate loan, which replaces debt maturing this month. Kevin says the loan request attracted a variety of interest because of the property’s tenants and sales performance. Its location near the big bucks in Highland Park and University Park didn’t hurt, either. So next time, don't judge a Barnes & Noble by its cover.