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Article: $28m financing recapitalizes Niagara Falls outlets.(FINANCE)
- Article from:
- Real Estate Weekly
- Article date:
- September 3, 2008
CopyrightCOPYRIGHT 2008 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Wien & Malkin Strategic Capital V (SC V) has participated in a $28 million preferred-equity investment that recapitalizes the 530,000 s/f Fashion Outlets of Niagara Falls shopping mall in Niagara Falls, N.Y. SC V invested $14 million.
The funds, together with new senior financing, are being used to retire a senior loan balance and for tenant improvements associated with newly executed and future leases.
Situated about two miles from the world-famous falls, and 17 miles from downtown Buffalo, the mall is anchored by Marshall's and Saks. Its roster of more than 100 retailers includes Polo Ralph Lauren, Brooks Brothers, Nike, Ann Taylor, Tommy Hilfiger, ...
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Article: ATTORNEY GENERAL CUOMO ANNOUNCES INDICTMENT OF 13 NIAGARA ...
US Fed News Service, Including US State News;
January 22, 2009 ;
700+ words
... ... today announced the indictment of 13 Niagara Falls residents for operating a cocaine distribution ... ring was allegedly based in a local Niagara Falls tavern. "New Yorkers should not and ... is an important victory that makes Niagara Falls a safer place to live and do business ...
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