Wednesday, April 10, 2013

Titanium Secures $50M Loan to Expand Federal Government Portfolio

Colliers International's Government Solutions Group announced that it had facilitated the closing of a $50 million portfolio loan for Titanium Real Estate Advisors. The 14 property portfolio covers 375,726 square feet of space leased in its entirety to the Federal Government. Todd Taylor, Managing Director of Capital Markets at Colliers Government Solutions, placed the loan.

"Todd and his team secured an outstanding loan for Titanium on a diverse portfolio of General Services Administration (GSA) assets," said Kris Jankowski, Vice President at Titanium. "By facilitating this loan in the current low-interest environment, Colliers is playing an integral role in Titanium's ongoing strategy to expand its GSA portfolio."

Titanium Real Estate Advisors is a division of Titanium Asset Management, a professional asset manager to various Taft-Hartley pension plans. The portfolio includes properties in Alabama, Kentucky, Louisiana, North Carolina, Indiana, Michigan, Wisconsin, Arizona, Texas, Montana and Washington. Colliers International is the property manager for five of the assets.

For more news and information visit Blumberg Capital Partners.

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