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1800 Avenue of the Stars Campus Secures $550 Million Refinancing

CRE Daily ·

ARES Ares Management Corp
$115.62 -2.14%
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  1. 1The Anderson family has secured $550 million in refinancing for the 1800 Avenue of the Stars campus.
  2. 2A $205 million renovation cost for the 1800 Avenue of the Stars campus was allocated for 2025.
  3. 3This deal will repay $300 million in scheduled debt for 1800 Avenue of the Stars.

So what's the key point?

The Anderson family has refinanced $550 million for the 1800 Avenue of the Stars campus. This money will be used to pay off $300 million in debt and cover building renovation costs.

Source CRE Daily · View original ↗

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