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HFF closes $180m refi.


The 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
 and Chicago offices of Holliday Fenoglio Fowler, L.P. have arranged a $180 million refinancing Refinancing

An extension and/or increase in amount of existing debt.
 for 600 West Chicago West Chicago, city (1990 pop. 14,796), Du Page co., NE Ill.; inc. 1906. Mostly residential, the city produces chemicals.  Avenue, a 1.56 million s/f office and retail building, plus two parking garages with 1,270 parking spaces, in Chicago, Illinois.

HFF HFF Hochschule für Fernsehen und Film München (Germany)
HFF Heartland Film Festival
HFF Hardy Fern Foundation
HFF Half Forward Flank (football position)
HFF Horizontal Flute Factor
 managing director Evan Pariser and senior managing director Mike Kavanau placed the five-year, adjustable-rate loan through iStar Financial, Inc.

The borrower is comprised of affiliates of Angelo Gordon & Company, Taconic Investment Partners, Amerimar Properties and Centrum centrum /cen·trum/ (sen´trum) pl. cen´tra   [L.]
1. a center.

2. the body of a vertebra.


cen·trum
n. pl. cen·trums or cen·tra
1.
 Properties.

Completely redeveloped in 2001, 600 West Chicago was originally built in 1908 as the distribution center for the Montgomery Ward catalogue. The building has been designated as a Landmark Building.

Said Pariser, "iStar's team of professionals handled the entire financing process effectively and efficiently. This, along with only having to work with one lender, enabled us to have a very smooth closing."

"600 West Chicago is an unbelievable asset," added Kavanau.
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Title Annotation:Finance; Holliday Fenoglio Fowler L.P.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 23, 2005
Words:154
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