{"id":1004138554,"date":"2016-03-04T09:09:07","date_gmt":"2016-03-04T17:09:07","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004138554"},"modified":"2020-05-12T22:14:50","modified_gmt":"2020-05-13T06:14:50","slug":"hff-secures-83m-financing-for-los-angeles-shopping-mall","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-secures-83m-financing-for-los-angeles-shopping-mall\/","title":{"rendered":"HFF Secures $83M Financing for Los Angeles Shopping Mall"},"content":{"rendered":"<p><em>By Ioana Neamt, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004138555\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004138555\" data-attachment-id=\"1004138555\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-secures-83m-financing-for-los-angeles-shopping-mall\/10923819_849820995040655_7916551312957401280_o\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg\" data-orig-size=\"2048,1365\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"10923819_849820995040655_7916551312957401280_o\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg?w=1024\" class=\"wp-image-1004138555 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg\" alt=\"South Bay Pavilion Mall, Carson, Calif.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg?resize=768,512 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg?resize=1024,683 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/10923819_849820995040655_7916551312957401280_o.jpg?resize=1536,1024 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004138555\" class=\"wp-caption-text\">South Bay Pavilion Mall, Carson, Calif.<\/p><\/div>\n<p><strong>Los Angeles<\/strong>\u2014<a href=\"https:\/\/www.hfflp.com\/\" rel=\"nofollow\" target=\"_blank\">HFF<\/a> arranged an $83.2 million financing loan for a 1.2 million-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/retail\/\" target=\"_blank\">retail<\/a> center in Carson, Calif.<\/p>\n<p>An HFF debt placement team led by Managing Director James Fowler placed the three-year, floating-rate loan with <a href=\"https:\/\/pccpllc.com\/\" rel=\"nofollow\" target=\"_blank\">PCCP<\/a>, on behalf of borrower <a href=\"https:\/\/www.vintage-vre.com\/\" rel=\"nofollow\" target=\"_blank\">Vintage Real Estate<\/a>. The loan will be used to continue the borrower\u2019s redevelopment, repositioning and expansion efforts currently underway at the site.<\/p>\n<p>Located at 20700 Avalon Blvd., midway between Los Angeles and Orange County, the super-regional South Bay Pavilion mall is currently 95 percent leased. The center\u2019s tenant roster includes more than 60 retailers, including Sears, JCPenney, Target, Ikea, Old Navy, Panera Bread, Olive Garden, and a new 14-screen Cinemark Theatre. South Bay Pavilion is conveniently situated at the intersection of four major freeways: I-405, I-110, I-710 and State Road 91. Nearby attractions include the StubHub Center and the California State University Dominguez Hills campus.<\/p>\n<p>\u201cVintage Real Estate has done an excellent job renovating South Bay Pavilion over the past few years, bringing a number of new tenants to the center, including Cinemark Theatre and several new restaurants and other specialty retailers,\u201d said Fowler in a statement. \u201cIt is quite an exciting project.\u201d<\/p>\n<p><em>Image courtesy of the <a href=\"https:\/\/www.facebook.com\/SouthBayPavilion\/\" rel=\"nofollow\" target=\"_blank\">South Bay Pavilion Mall Facebook page<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Working on behalf of Vintage Real Estate, HFF managed to secure an $83.2 million loan for South Bay Pavilion Mall near Los Angeles.<\/p>\n","protected":false},"author":192,"featured_media":1004138555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21783,1594,21742,21749,15],"tags":[],"class_list":["post-1004138554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-investment","category-los-angeles","category-latest","category-retail","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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