Standard Chartered Supports Ares and Northwood Investors in the Financing of The Shops at Park Lane
Standard Chartered provided a $129.8 million five-year term loan to an Ares Real Estate fund and Northwood Investors to finance The Shops at Park Lane in Dallas. The financing supports the acquisition of a majority stake in the 667,311-square-foot mixed-use property, which is anchored by Whole Foods Market and IKEA.
Key figures
- Aum usd
- 644000000000
- Loan amount
- 129800000
- Office sq ft
- 100445
- Retail sq ft
- 566866
- Property sq ft
- 667311
AI analysis
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