Macerich Leverages SoCal Mall To Raise $200M
The lenders, Newark, N.J.-based Prudential Mortgage Capital Co. and Milwaukee, Wis.-based Northwestern Mutual Real Estate Investments LLC, ponied up $100 million each, Prudential said.
Santa Monica, Calif.-based Macerich's reasons for taking out the seven-year, fixed-rate, first mortgage loan were not explicitly stated, and requests for comment were not immediately...
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