BUCHANAN STREET PARTNERS ARRANGES $65.2 MILLION LOAN

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PHOENIX — Buchanan Street Partners has arranged $65.2 million in financing for Park Place, a mixed-use construction development located in the Chandler submarket of Phoenix. Situated within the Price Road corridor, the 98-acre master-planned project will feature Class A office space, two hotels and retail space. The development features freeway visibility and convenient proximity to many amenities such as Chandler Fashion Center. Buchanan Street Partners arranged the financing on behalf of Cyburt Hall Partners.

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