US EditionArrowMark Lends $35M for Regal-Anchored Virginia Retail Center
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ArrowMark Lends $35M for Regal-Anchored Virginia Retail Center
Developers Realty Corporation has sealed a $35.3 million loan to refinance a retail property in Williamsburg, Va., anchored by the Regal New Town movie theaters, Commercial Observer has learned. ArrowMark Partners supplied the loan for the developer’s New Town Shops on Main property that opened in 2007. The deal will retire a previous loan provided by Canadian nonbank lender Romspen in August 2022, and also fund the majority of Regal’s planned $…
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