Real Estate/Development
Apr. 2, 2000
$50 million gets second phase of retail center under way
South Gate - One of Southern California's largest public/private real estate transactions in the past year has been completed. Renaissance Capital arranged a $50 million structured financing package that involved both debt and equity for Southland Co. of Pasadena. The money is funding phase two of El Paseo, a 385,000-square-foot entertainment and retail project under construction at the northeast corner of Garfield Avenue and Firestone Boulevard in South Gate, just east of the Long Beach
South Gate - One of Southern California's largest public/private real estate transactions in the past year has been completed. Renaissance Capital arranged a $50 million structured financing package that involved both debt and equity for Southland Co. of Pasadena. The money is funding phase two of El Paseo, a 385,000-square-foot entertainment and retail project under construction at the northeast corner of Garfield Avenue and Firestone Boulevard in South Gate, just east o...
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