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Last Updated ( Thursday, 26 June 2014 16:24 )
DATE_FORMAT_LC2=Thursday,June 26 2014 12:00:00 am EDT   
George Smith Partners Arranges $93 Million in Financing for Pacific City

pacific city 2 webTenancy at Pacific City will include a mix of national retailers representing California lifestyle brands, several well-known restaurants and an Equinox fitness center.Huntington Beach, Calif. – George Smith Partners has arranged $93 million in financing on behalf of DJM for the development of Pacific City, a 191,000-square-foot retail center in Huntington Beach. The financing consisted of a $56.5 million senior loan and a $37 million mezzanine loan. DJM began construction in late 2013 with equity after purchasing the parcel in late 2012. Pacific City will open summer 2015.

 Scott Reid 

 

 

 

 

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