Seven Hills Realty Trust Closes $42.5 Million Bridge Loan To Refinance A Retail Shopping Center In West Bloomfield, Mi

Dec 21, 2021•over 3 years ago

Amount Raised

$42.5 Million

Newton

Description

Seven Hills Realty Trust (Nasdaq:SEVN) today announced the closing of a $42.5 million first mortgage floating-rate bridge loan to refinance and reposition The Gateway Center, a 272,000 square foot, grocery-anchored retail shopping center located at 7230-7380 Orchard Lake Road in West Bloomfield, Michigan.

Seven Hills Realty Trust Closes $42.5 Million Bridge Loan To Refinance A Retail Shopping Center In West Bloomfield, Mi

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Seven Hills Realty Trust Closes $42.5 Million Bridge Loan To Refinance A Retail Shopping Center In West Bloomfield, Mi

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