CBL Properties Closes $71.9M Non‑Recourse Loan Secured By Hamilton Place In Chattanooga, Tennessee
CBL & Associates Properties, Inc.
CBL & Associates Properties, Inc. CBL | 0.00 |
CBL Properties (NYSE:CBL) announced today that it closed a $71.9 million non‑recourse loan secured by Hamilton Place in Chattanooga, Tennessee. The five‑year loan bears a fixed interest rate of 6.8% and replaces the property's existing $85.5 million loan, which was scheduled to mature in June.
