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Top Yield PRO News
Federal Reserve · United StatesA Federal Reserve split over where its priorities should lie lowered its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee cut its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.See the Story
Divided Fed approves third rate cut this year, sees slower pace ahead
46% Center coverage: 178 sources
Lakewood, Washington · LakewoodPacific Walk Townhomes, a 142-unit property located at 8333 32nd Avenue S. in Lakewood, Washington has sold for $21.5 million. Dylan Simon, Jerrid Anderson, Elijah Piper, and JD Fuller of the Simon | Anderson Multifamily Team at Kidder Mathews served as the exclusive brokers representing the seller and sourcing the buyer. Built in 1946, Pacific Walk is situated on over 10 acres of grounds. The community comprises 37 buildings featuring units tha…See the Story
Pacific Walk Townhomes in Lakewood Trade for $22M
Senior Citizens · Fall RiverGantry secured an $11-million permanent loan to refinance a Buena Park retail center located at 5960–5990 Orangethorpe Ave. and anchored by a strong collection of fast-casual and quick-service restaurant concepts. Principal George Mitsanas, senior director Bahman Mirhashemi and associate Alicia Sabanero from Gantry’s El Segundo office, represented the borrower, a private real estate investor. The ...See the Story
