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The Denver Post Business Briefs Column.
Knight Ridder/Tribune Business News, November, 2001
The Denver Post Knight Ridder/Tribune Business News
Nov. 13--FLATIRON CROSSING MORTGAGE REFINANCED: The owner of FlatIron Crossing mall in Broomfield has refinanced its mortgage with a $180 million loan from Cigna Investments Inc. The loan has a five-year term and an "attractive" interest rate, said Doug Mueller, spokesman for L.J. Melody & Co., an investment banking firm that arranged the loan. He declined to disclose the terms of the loan. The mortgage replaces a construction loan that FlatIron Property Holding LLC had taken out on the property. Kerry Shelanski, spokeswoman for the mall, said the mortgage was part of the mall's original financing plan and that the timing was not adjusted to take advantage of lower interest rates.
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