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Fremont inks $24M loan.


Fremont Investment & Loan provided a $21,000,000 loan for the acquisition and development a 7.65 acre site on Hayden Rd, within the Scottsdale Airpark air·park  
n.
A small airport typically located near a business area or industrial park.
, Arizona.

The announcement was made by David Sotolov, Vice President, Senior Loan Originator in Fremont's Phoenix office. The debt was arranged by Tim Storey of Newmark Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Capital of Phoenix. The property acquisition and loan closed on January 25, 2006.

A California partnership controlled by RESCO RESCO Rural Electric Supply Co-Operative Society Ltd (India)  Development and RMB RMB Right Mouse Button
RMB Regional Management Board (USACE)
RMB Rolf Maier Bode (musician, band)
RMB Ren Min Bi (currency of People's Republic of China) 
 Properties acquired the site and plans to develop a 103,000 s/f single-story retail building to be called 'Showrooms on Hayden'.
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Article Details
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 1, 2006
Words:97
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