Colliers International's Government Solutions Group Arranges $50-Million Loan on Behalf of Titanium Real Estate Advisors
Loan will help Titanium expand its Federal Government portfolio
WASHINGTON, April 15, 2013 /PRNewswire-USNewswire/ -- Colliers Government Solutions facilitated the closing of a $50-million portfolio loan to Titanium Real Estate Advisors, a division of Titanium Asset Management, a qualified professional asset manager to various Taft-Hartley pension plans.
The portfolio includes 14 assets totaling 375,726 square-feet, leased entirely to the Federal Government. The loan was placed by Todd Taylor, Managing Director of Capital Markets at Colliers Government Solutions.
"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."
The diverse portfolio of properties spans the Southeast (Alabama, Kentucky, Louisiana, North Carolina), Midwest (Indiana, Michigan, Wisconsin), Southwest (Arizona, Texas) and West (Montana, Washington). Colliers International is the property manager for five of the assets.
"Colliers understands the specialized needs of government clients," said Kurt Stout, Executive Vice President of Colliers Government Solutions. "Our team of experts is excited to share our wealth of knowledge and help Titanium expand its GSA portfolio."
Colliers Government Solutions is the industry's only comprehensive services platform focused solely on government real estate. Its professionals work as a team to provide clients with solutions tailored to the unique and often complex requirements of government-leased properties. The platform consists of six services specifically focused on government real estate: leasing, investment sales, finance, property management, appraisal and tax appeal.
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ABOUT COLLIERS INTERNATIONAL
Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.
SOURCE Colliers International
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