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Colony Financial originates $60 million in mezzanine CRE debt 

Jul 05, 2011By

Real estate investment firm Colony Financial expressed growing confidence in the commercial retail space by participating in the origination of $400 million in mezzanine debt to finance part of another firm’s acquisition of retail assets from Centro Properties. Of the $400 million in mezzanine debt, Colony Financial originated $60 million. As of late last week, Centro Properties, an Australia-based shopping center developer and manager, possessed a portfolio of 593 American retail properties.

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