$8 million financing announced
Author: John B. Levy & Company, Inc.
Source:
Date: 05-01-2000
$8 million financing announced
FOR IMMEDIATE RELEASE: May 1, 2000
John B. Levy & Company, Inc. is pleased to announce the placement of $8,000,000 in long-term permanent financing on behalf of GDR Manassas LLLP. The financing was secured by the Computer Learning Center (NASDAQ: CLCX) Building located in Manassas, Virginia. CLCX leases the building on a long-term basis and has their corporate headquarters in the building as well as training space.
The property was financed with a permanent mortgage having a 10 term that amortizes over 30 years.
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