Cassidy Turley Lands $80M Financing For BPG's Va. Offices

Law360, New York (January 17, 2012, 7:23 PM EST) -- Commercial real estate service provider Cassidy Turley Inc. has secured $80 million in debt financing for private equity manager BPG Properties Ltd. and one of its office complexes in Arlington, Va., Cassidy Turley announced Tuesday.

A three-year floating bank loan was arranged from Canadian Imperial Bank of Commerce on behalf of an affiliate of BPG, Brad Geiger, a Cassidy Turley representative involved with the deal, told Law360. The financing is intended for a two-building office complex knows at Potomac Gateway, which BPG Properties bought from the...
To view the full article, register now.