HFF secures $26.1 million in financing for San Gabriel Valley office complex

NEWPORT BEACH, CA – May 18, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured $26.1 million in acquisition financing for The Lakes at West Covina, a two-building, 176,843-square-foot, Class A office campus in the City of West Covina in the San Gabriel Valley, east of Los Angeles.

HFF worked on behalf of the borrower, a partnership between Stillwater Investment Group, Greenlaw Partners and CrossHarbor Capital Partners to secure the acquisition financing through Suntrust Bank.  The floating-rate loan has a three-year initial term and is non-recourse.

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