CBRE Melody arranges $185m credit facility for fund.Michael Sherman, director, in CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) I Melody's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office, along with Efrat Sharon, senior analyst have secured a $185 million dollar credit facility on behalf of Hampshire Partners Fund VI, LP., a $235 million equity value-add real estate investment fund sponsored by Hampshire Companies. The credit facility funded the repositioning of 17 assets, part of a 2,783,000 s/f portfolio, and additionally helped facilitate various acquisitions. Hampshire Partners Fund VI owns properties in New York, New Jersey, Pennsylvania and Connecticut, all well suited for value enhancement. The transaction was completed with the assistance from CBRE's Tri-State Investment Team led by Jeff Dunne Jeffrey "Jeff" Dunne born 14 May 1956 is a former Australian rules footballer. Played for St Kilda as a hard running back pocket, he was a solid defender and represented Victoria. Now a business man based in Tasmania with his wife and 4 children (3 sons, 1 daughter). , and funding was provided by HSH HSH abbr. Her (or His) Serene Highness Nordbank AG "We were in the process of completing the investment phase of the fund and needed to find replacement financing for our subscription facility since it is a value-add fund" said James Hanson Several notable persons are or were named James Hanson or similarly:
"Besides the introduction, he, more importantly, marshaled step-by-step the commitment and closing process. This was especially important due to the fact that this is a new relationship for us with HSH Nordbank AG, which required special care and attention from Michael, for both the lender and us to complete the transaction." According to Sherman, "This was an exciting opportunity to work with an experienced, sophisticated borrower and knowledgeable lender with expertise in structuring credit facilities. The financing structure allowed Hampshire Partners Fund VI, LP. to maximize its capacity to purchase and reposition value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. opportunities, and benefit from the current interest rate environment." |
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