- July 22, 2022
- Posted by: Bastion team
- Category: World News
Greenbridge Finance, a private finance company focused on the origination of loans for commercial real estate acquisitions and recapitalizations, and Deutsche Bank have co-originated $150 million to refinance The Reef in Downtown Los Angeles.
Greenbridge Finance is a wholly owned subsidiary of Greenbridge Investment Partners, a fully integrated commercial real estate platform that acquires and repositions underperforming properties to become “best-in-class” assets across all commercial real estate sectors. The loan joins a list of major company acquisition and leasing milestones over the last six months. Greenbridge’s principals include Sean Hashem and Fareed Kanani and partner Josh Farahi.
“Greenbridge applies a similar investment philosophy to its property portfolio and loan book,” said Sean Hashem, principal with Greenbridge Investment Partners and Greenbridge Finance. “Knowing long-term market trends and fundamentals are always essential considerations, but we look beyond the numbers. We spend time understanding an asset’s potential, learning the needs of its tenants and projecting future profits for both. We immerse ourselves in the local neighborhood and often observe community virtues or friction that impact an asset’s ultimate success. These criteria revealed The Reef’s long-term viability as a business and a borrower.”
Located at 1933 South Broadway near the 10 and 110 freeways and walking distance from the Expo and…