Shamrock takes Solair stake.The Genesis Real Estate Funds managed by the Roy E. Disney Roy Edward Disney, KCSG, (born January 10, 1930) was a longtime senior executive for The Walt Disney Company, which his father Roy Oliver Disney and his uncle Walt founded. family's Shamrock Capital Advisors are providing KOAR Wilshire Western LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control with $25.5 million in mezzanine financing Mezzanine Financing A hybrid of debt and equity financing. Mezzanine financing is typically used to finance the expansion of existing companies, and it is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the for construction of the $160 million Solair Wilshire mixed-use development along the Metro Red Line at Wilshire Boulevard and Western Avenue. Scheduled to open in 2008, Solair Wilshire is designed as a 22-story, contemporary glass-walled building with 186 condominium units, 40,000 square feet of commercial/retail space, underground parking and a 12-space bus layover lay·o·ver n. A short stop or break in a journey, usually imposed by scheduling requirements. Noun 1. layover - a brief stay in the course of a journey; "they made a stopover to visit their friends" stopover, stop zone. Genesis targets investments aimed at stimulating economic development in low and moderate income communities in Los Angeles County, and Solair is considered the first mixed-use high-rise development to be built for the Koreatown/Wilshire Center community since the Red Line opened in 2000. Shamrock Capital Advisors is an affiliate of Burbank-based Shamrock Holdings of California Inc. |
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