Hertz refinances Center at 600 Vine in downtown Cincinnati

The owner of Center at 600 Vine has secured a 36-month, adjustable rate loan for $42 million through U.S. Bancorp. Hertz Investment Group LLC, which purchased the 30-story tower in 2006 for $36 million, hired Holliday Fenoglio Fowler LP to help secure the financing proceeds, which are replacing a maturing loan and providing for tenant improvements, leasing commissions and building capital costs. The tower at Vine and Sixth streets, built in 1984 as the Convergys Center, underwent a $9 million renovation in 2006...

Source: http://feeds.bizjournals.com/~r/bizj_cincinnati/~3/QqME0gVd81Y/hertz-refinances-center-at-600-vine-in.html

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