Adler Realty Refinances 2600 N. Central Avenue In Phoenix

Phoenix, AZ (April 27, 2011) The property at 2600 N. Central Avenue in Phoenix was successfully refinanced with a new long term loan. The balance of the CIGNA loan, in the amount of $18,561,518, was due to mature in June 2011. A new ten year loan in the amount of $26,500,000, bearing interest at 5.48% per annum, fully amortized over thirty years was funded on April 27th.

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