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It's a ten year fixed-rate interest-only loan that repaid the existing debt.
The 300,508 square foot, trophy office building is located in Downtown Bethesda.
The purchase includes nearly 18 acres of land and more than 250,000 square feet of interior space.
The fund has fundraising target of $250 million.
The 252-unit luxury property is located in southwest Las Vegas' The Curve neighborhood.
The deal also includes the development of a medical office building on the adjacent outparcel.
The company plans to redevelop the mall into a mixed-use destination.
The properties are located across the Dallas, Austin, and San Antonio regions.
ETF invests across real estate and infrastructure equity securities
Most recently at JLL, Severino has had an extensive career.