REBusinessOnline

GSP Arranges Acquisition Loan for $43M Purchase of Fred Segal in Los Angeles

LOS ANGELES — George Smith Partners (GSP) has secured financing on behalf of Canadian retail investment firm CormackHill LP for the $43 million acquisition of the Fred Segal retail property at 8100 Melrose Ave. in Hollywood.

George Smith Partners’ Principal David Rifkind and his team arranged the sub-3 percent, floating-rate loan with prepayment flexibility.

Content Partners
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‣ Bohler
‣ Lee & Associates
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