Brookfield provides $158m loan on California office park

Brookfield Asset Management has provided a $158m loan to The Koll Company for the refinancing of the Airport Business Center, an office industrial park in Irvine, California. The five-year, fixed-rate, interest-only loan carries an interest rate in the low 5% range, according to CBRE’s Capital Markets Debt & Structured Finance team, which arranged the deal. […]