LOS ANGELES— The Octagon Portfolio, consisting of five office and hotel properties in California and Texas, has received $160 million in financing through Holliday Fenoglio Fowler, LP, an intermediary of capital for commercial real estate. Holliday Fenoglio Fowler arranged a three-year adjustable rate and interim bridge loan through Deutsche Bank Alex.Brown on behalf of Angelo Gordon & Co. with The Shidler Group, a Hawaii-based real estate investment company. The Octagon Portfolio consists of five properties in two states: two in Pasadena, CA and one each in Dallas, Houston and Plano, TX.
Previous ArticleDolce Int’l Forms Alliance With PKF
Next Article Innkeepers Lowers Quarterly, Full-Year Guidance