Clarion Partners wins $200m financing for 9-asset mixed portfolio

21 November 2016

New York-based Clarion Partners have on the behalf of a commingled fund, managed and secured $200 million in financing for a nine-property portfolio comprising multi-housing, industrial and retail properties in six states. The funding is mortgaged against three multi-housing properties totalling 761 units in Plano and Dallas, and Minneapolis, four industrial properties totalling 1,718,768 sqf in Hanover, Md, Denver, Co, Pompano Beach, Fl and Redlands, Cal. Also, included in the assemblage are two retail properties totalling 275,859 sqf in Delray Beach and Celebration, Florida. Holliday Fenoglio Fowler’s debt placement team, which represented the borrower, was led by senior managing director Riaz Cassum, director Lauren O’Neil and senior real estate analyst Robyn King.

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