GRS | Corteq Provides Services on $121M Regional Mall Acquisition
GRS | Corteq recently provided pre-acquisition assessment services for a $121 million regional mall acquisition in Rogers, Arkansas. It was the largest single loan to go into a recent $1.4 billion CMBS offering lead by Deutsche.
The Pinnacle Hills Promenade open-air mall was acquired by a General Growth Properties partnership. Deutsche Bank closed the finance package.
GRS | Corteq services included Phase I and PCA. GRS | Corteq Director, Mark Halloran, spearheaded the assessment servicing package.