Bedford Property Investors, Inc. Announces Mortgage Financing.LAFAYETTE, Calif.--(BUSINESS WIRE)--Jan. 3, 1997--Bedford Property Investors, Inc. (NYSE NYSE See: New York Stock Exchange :BED) today announced that it has obtained $25 million of mortgage financing from Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. . The mortgage financing is secured by an office building in Bellevue, Wash., and seven industrial properties in California. The mortgage loans bear interest at 7.5% per annum Per annum Yearly. and have a five year term. "With the closing of this $25 million transaction, the Company completed $50 million of long-term financing in 1996," stated Peter B. Bedford, Chairman of the Board of Bedford Property Investors. "The interest rates continue to be favorable and our 1996 mortgage financings enabled us to take advantage of some excellent acquisition opportunities." Bedford Property Investors is a self-administered equity real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) with investments in suburban office buildings and industrial properties concentrated in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . It is traded on the New York and Pacific Stock Exchanges under the symbol "BED." CONTACT: Bedford Property Investors, Inc. Peter B. Bedford or Donald A. Lorenz, 510/283-8910 
ayman Adeeb Dababneh (Member): real estate investment and other investment/establishing corporates or any kind of companies 10/18/2007 8:39 AM
Hi Sirs
This is to inform u that we are ready enough to cooporate with u concerning the previous topic mentioned above in title block .These investments & other, will be particularily in Jordan(middle east).Also if u need any other cooporation/dealers/brokers in Syria,Algeria,Egypt,Lebanon,or Ukraine. Pls kindly dont hesitate to contact us as soon as possible. Best regards, yours truely Dababneh,Ayman A. (legal consultant for various investors,corporte issues,and well-known realestate firms,hotels,& motels in jordan) |
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