Outside the Region: Gorjian of Uber Capital Group provides $33 million acquisition financing

Lafayette, LA Led by president and founder Joel Gorjian, Uber Capital Group, LLC has sourced a $33 million acquisition financing loan for the purchase of the Acadiana Mall. The client was a private national commercial real estate investment group based in New York.

“We obtained the loan for the Acadiana Mall acquisition financing at a 15-year fixed rate of 5.4%, with a 70% LTV, 15-year amortization, and a partial recourse” said Gorjian.

The 1.557 million s/f super regional mall is located on a 69,992-acre property at 5725 Johnston St.

The Acadiana Mall’s anchor tenants are Macy’s, Dillard’s and JCPenney. The property offers a lineup of nearly 100 retail stores, dining options, and entertainment and service outlets.

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Investment Property Realty Group closes $1.75 million sale of 1094 Hancock Street in Brooklyn

Brooklyn, NY Investment Property Realty Group (IPRG), a New York-based commercial investment firm, has closed the sale of 1094 Hancock St., a mixed-use building in the Bushwick section, for $1.75 million.

Chef Driven Hospitality and AI technology company Fuel Cycle complete leasing deals at GFP Real Estate’s 630 Ninth Ave.

Chef Driven Hospitality and Fuel Cycle sign leasing deals at GFP’s 630 Ninth Ave.

New REBNY analysis finds NYC Class B office visitation stabilizing

Bestreich, Reynolds, Davila, and Flaherty of Investment Property Realty Group close $1.97 million sale of 343A Tompkins Ave. in Bed-Stuy

IPRG closes $1.97m sale of 343A Tompkins Ave.

Investment Property Realty Group closes the sale of 321 Grand St. for $2.95 million

IPRG closes the sale of 321 Grand St. for $2.95m

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