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Forbright Bank Provides $50M for Southern California R&D Campus
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Forbright Bank Provides $50M for Southern California R&D Campus
The owners of a fully leased research and development and office campus in Thousand Oaks, Calif., have secured bridge financing after spending two years repositioning the asset. Los Angeles-based Alta West Partners closed the three-year, floating-rate loan of $49.8 million from Forbright Bank. JLL Capital Markets announced the financing Tuesday after representing the sponsor. The […]
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