Costa Mesa, Calif.-based Donahue Schriber received a secured line of credit for $700 million. The new facility increases Donahue Schriber's available borrowing capacity by $225 million over its previous facility and reduces its interest rate by 30 basis points.
Fremont& Loan appointed Jeff Teetsel as vice president and regional manager for Southwestern and Rocky Mountain states. Previously, Teetsel served as regional manager of Fremont's Phoenix office.
Holliday Fenoglio Fowler, L.P. arranged a $22.8 million permanent loan for Escarpment Village, a grocery-anchored retail center in Austin, Tex. Theincludes a 93,000-square-foot grocery store, 71,389 square feet of in-line retail and a 60-acre pad site. The loan featured a 5.55 percent rate and a 10-year term. HFF's Whit Johnson negotiated this transaction.
Love Funding Corp. opened a Denver office. James A. Danford will serve as vice president and loan originator for the area. Danford has 25 years ofand mortgage-banking experience.
SCI Real Estate Investments purchased Bryant Square Center, a 274,000-square-foot power center in Edmond, Okla., from Weingarten Realty Investors. The center is 93 percent leased.
AlbertaPartners, LLC will hold a grand opening for Southlands, a mixed-use lifestyle center in Aurora, Colo., on Oct. 20 to 22. The center contains 1.7 million square feet of retail space.
Sperry Van Ness completed the sale of One Energy Shopping Center, a 128,000-square-foot retail property in Odessa, Texas, to One Energy Shopping Center, LLC. Jereme Snyder and Geoff Tranchina, of Sperry Van Ness, represented the buyer in the transaction. Jennifer Pierson, of CB Richard Ellis, represented the seller.