The Abbey Co Scores $310M Recap
The bridge financing from Prime Finance will recapitalize a 34-property SoCal portfolio totaling some 3M SF of office, industrial and retail space. The loan is being used to refinance two maturing CMBS loans and provide capital for Garden Grove-based The Abbey Company. Nebo Capital arranged the financing. Here's Sklar Kirsh LLP founding partner Andrew Kirsh, part of the borrower's legal team, with wife Courtney and daughter Clementine, of Bisnow fame.