Inland REIT secures $90 million refi loan for Southlake Town Square

04/9/2010 | GlobeSt.com

Inland Western Retail REIT secured a $90 million refinance loan from MetLife for its Southlake Town Square in suburban Dallas/Fort Worth. The seven-year, 6.25% fixed-rate loan replaced maturing CMBS loans and a bank loan. "There was strong interest from a variety of capital sources, including portfolio lenders that had the ability to finance the entire loan without any participation," says Kevin MacKenzie, a managing director in HFF's Dallas office.

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