Retail REITs Continue to Score Financing as Kimco Lines Up $100M for Pennsylvania Project
May 11th, 2009
Kimco Realty Corp. is the latest REIT to snag a successful refinancing for a trophy property. On Friday, Cushman & Wakefield Sonnenblick Goldman said that it had secured a $100 million refinancing for the REIT’s Suburban Square, a 360,000-square-foot retail center in Ardmore, Pa., an affluent Philadelphia suburb.
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