{"id":806812,"date":"2022-07-12T19:17:24","date_gmt":"2022-07-12T17:17:24","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/cim-group-closes-204-million-construction-loan-for-central-station-one-million-square-foot-mixed-use-development-in-downtown-phoenix\/"},"modified":"2022-07-12T19:17:24","modified_gmt":"2022-07-12T17:17:24","slug":"cim-group-closes-204-million-construction-loan-for-central-station-one-million-square-foot-mixed-use-development-in-downtown-phoenix","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cim-group-closes-204-million-construction-loan-for-central-station-one-million-square-foot-mixed-use-development-in-downtown-phoenix\/","title":{"rendered":"CIM Group Closes $204 Million Construction Loan for Central Station, One Million-Square-Foot Mixed-Use Development in Downtown Phoenix"},"content":{"rendered":"PHOENIX--(BUSINESS WIRE)--CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $204 million construction loan to Medistar Corporation, GMH Communities, and a fund sponsored by CBRE Investment Management to finance the development of Central Station, a one million-square-foot mixed-use transportation hub in Downtown Phoenix.\n\n\n\nLocated at 300 N. Central Ave. at Van Buren Street, Central Station will consist of 362 apartments, 435 student housing units with 655 beds, over 100,000 square feet of office and retail space, and 427 subterranean parking spaces across two 22- and 33-story towers and a podium. Central Station is adjacent to and seamle<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>PHOENIX&#8211;(BUSINESS WIRE)&#8211;CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $204 million construction loan to Medistar Corporation, GMH Communities, and a fund sponsored by CBRE Investment Management to finance the development of Central Station, a one million-square-foot mixed-use transportation hub in Downtown [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-806812","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - 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