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Cousins Properties Acquires Two Newly-created Mezzanine Loans From The Existing Lender

Benzinga ·  04:15

Cousins initial commitment is $27.2 million with a potential total commitment of $37.0 million. The loans have initial maturity dates of June 2025 and February 2026 and carry a current weighted average interest rate of SOFR plus 866 basis points.

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