WAC and Northstar Enterprise Opportunity Fund I, LP acquire Oakland retail center

December 15, 2016

A joint venture between Western Avenue Capital and Northstar Enterprise Opportunity Fund I, LP announced that it has acquired Foothill Square Shopping Center, a 120,000 square foot anchored retail center in Oakland, CA. The well-established property was originally developed in 1962 and underwent a major renovation between 2013 and 2016 whereby the property was significantly … Read More

HFF secures financing on behalf of Western Avenue Capital 

April 22, 2016

LOS ANGELES, CA – April 22, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured financing for Canyon Springs Hospital, a 57,479-square-foot intermediate care inpatient facility in Cathedral City (Palm Springs), California. HFF worked on behalf of Western Avenue Capital to arrange the 10-year, fixed-rate loan through Rabobank, N.A. Loan proceeds … Read More

Nationwide Lends $21 Million Against Los Angeles Shopping Center

August 18, 2014

Nationwide Life Insurance Co. has provided a $21 million loan against Western Plaza, a 115,341-square-foot retail property in Los Angeles. The 10-year loan was arranged by HFF. The property, at 1645-1717 Western Ave., is owned by Western Avenue Capital of Los Angeles. It is fully leased by tenants that include CVS, Anna’s Linens and Food … Read More