Hudson Team Arranges $72M in Financing to Refi Retail Centers in Washington, California

Source:  CPE

The Hudson Team of George Elkins Mortgage Banking Company arranged financing for two CMBS loans totaling $71.7 million, secured by two neighborhood retail centers in Fullerton, Calif., and Lacey, Wash. According to Jeffrey Hudson, George Elkins Mortgage Banking Co.’s principal, the CMBS structures enabled both borrowers to get competitive 10-year fixed rate financing with 30 year amortization. The firm provided Orangefair, L.L.C. a $44.8 million permanent fixed rate loan to ...

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