AVISON YOUNG SECURES $22M LOAN FOR RALEIGH OFFICE BUILDING

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RALEIGH, N.C. — Avison Young’s Raleigh-Durham capital markets group has arranged $22 million in refinancing for the 130,000-square-foot Genworth Building, an office building located at 8325 Six Forks Road in Raleigh. Hal Worth IV of Avison Young arranged the seven-year, non-recourse loan with a 25-year amortization schedule through a life insurance company on behalf of the borrower, Dominion Realty Partners.

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