The Howard Hughes Corporation Secures $55 Million Loan for 4 Waterway Square and 9303 New Trails
The Howard Hughes Corporation (NYSE: HHC) today announced that The Woodlands Development Company secured a $55 million loan for 4 Waterway Square and 9303 New Trails. The 12-year loan refinances a maturing construction loan at 9303 New Trails and carries an interest rate of 4.88%. Prudential Mortgage Capital Company is the lender.
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