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Institutional Property Advisors has announced the financing of a Class A, four-story office property located at 200 Wildwood Parkway in Homewood, AL

IPA Arranges $11.5M Financing for Alabama Class A Office

Institutional Property Advisors has announced the financing of a Class A, four-story office property located at 200 Wildwood Parkway in Homewood, AL.

Jordan Ray, executive managing director, capital markets in IPA’s Los Angeles office, and James Matheny and Rachael Krawiecki in IPA’s Manhattan office secured the $11.5 million refinancing.

“Financing office deals remains a challenge in the current environment,” said Ray. “Through our marketing process, we were able to structure a fixed-rate permanent loan with interest only payments and prepayment flexibility that met our client’s needs.”

The four-story property sits on more than 21 acres outside of Birmingham. Building tenants include Wells Fargo, Coca-Cola, Truckworx, SEES and Children’s Hospital of Alabama.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Financing
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