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El Paso, Texas — Holliday Fenoglio Fowler (HFF) has arranged $65.6 million in refinancing for Bassett Place, a 595,399-square-foot regional mall located on 44 acres in El Paso.
Trey Morsbach, Bill Fishel and DJ Meagher of HFF worked on behalf of the borrower, Cypress Equities, to secure the 10-year, fixed-rate loan with Goldman Sachs Mortgage Company. HFF is servicing the securitized loan, which will be used to pay off existing debt and fund food court renovations as well as a new Dave & Buster’s anchor addition. Target, Kohl’s, Marshalls, Ross Dress for Less, Office Depot, Conn’s and Premiere Cinemas IMAX currently anchor the mall.