LOS ANGELES – January 31, 2014 – (RealEstateRama) — BH Properties, after reporting a banner performance for 2013, has announced that it has secured a combined $236.7 million in financing with two institutions. The Los Angeles-based company, which specializes in repositioning real estate and resolving difficult transactions quickly and effectively, secured the loans from Wells Fargo ($135 million), U.S. Bank ($60 million) and a CMBS loan, also through Wells Fargo ($36.7 million). These financings were based on closings on multiple properties in the firm’s portfolio.
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