Los Angeles — Los Angeles-based fashion retailer American Apparel has emerged from chapter 11 as a private company after successfully implementing its plan of reorganization, approved by the Delaware bankruptcy court in late January.
Las Vegas — Meridian Capital Group has arranged $20 million in financing for the acquisition of a single-tenant, 16,000-square-foot Walgreens located on the Las Vegas Strip.
New York City — Following the resignation of CEO Michael Carroll, New York City-based Brixmor Property Group Inc. has named Daniel Hurwitz interim CEO effective Monday, February 8.
Manville, N.J. — Cronheim Mortgage has arranged $28 million in financing for Marketplace at Manville, a 294,141-square-foot shopping center located in Manville.
Hayward, Calif. — NorthMarq Capital has arranged the $5.68 million refinance of Schafer Park, a 38,513-square-foot retail property located in Hayward.
Paramus, N.J. — NorthMarq Capital has arranged $49.4 million of floating-rate financing for a 244,000-square-foot, four-property retail portfolio on Route 17 in Paramus.
Frisco and San Angelo, Texas — In two separate transactions, Quantum Capital has arranged $22.15 million in refinancing for two regional shopping centers located in Frisco and San Angelo.
Pittsburgh — HFF has arranged a $61 million refinancing for a four-property portfolio of grocery-anchored shopping centers totaling 542,683 square feet in Illinois, Indiana, North Carolina and South Carolina.
Albuquerque, N.M. — Houlihan-Parnes has arranged a $9.1 million refinancing for Ladera Shopping Center, a 128,712-square-foot shopping center located in Albuquerque.
Fort Collins, Colo. — NorthMarq has arranged a $3.7 million refinancing for 3636 and 3700 South College Avenue retail in Fort Collins.