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L.J. melody arranges financings. (Commercial).


L.J. MELODY & CO., HOUSTON, HAS ARRANGED $180 million in financing for the Flatiron Crossing super-regional mall in Broomfield, Colorado. The 1,496,295-square-foot mall was built in 2000 and is anchored by Dillard's, Foley's, Nordstrom, Lord & Taylor and Galyan's Trading Co. The mall is 93 percent leased. CIGNA Investments Inc. provided the financing on behalf of Flat-Iron Property Holding LLC. L.J. Melody has also arranged financing totaling $100 million for Galleria at South Bay in Redondo Beach, California. The property is a three-level, enclosed regional mall shopping center anchored by Nordstrom, Robinson-May and Mervyn's, which features more than 130 specialty shops. CIGNA provided the funding on behalf of Forest City Enterprises.

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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

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Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2002
Words:113
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