Thursday, 30 May 2013 10:44

Century Plus Partners - Springdale

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Purchase of 50,000 sf office and 30,000 sf office/warehouse building from Welsh Investment Trust and GE Capital. Acquisition financing arranged thru First Financial Bank. RGW Development is the property management and tenant construction firm for the project. This project was purchased with 60% occupancy, within 12 months, RGW stabilized the project above 90% occupancy and secured non-recourse financing to return the Investors original investment while the project enjoys 2:1 DSC.

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Read 3985 times Last modified on Thursday, 03 October 2013 14:13