Resource Capital Closes New $44M Loan
April 29, 2013 at 15:46 PM EDT
Resource Capital (NYSE: RSO ) (the "Company") announces that it has closed a $44 million bridge loan secured by a 186,000 square foot grocery anchored retail center in Los Angeles, CA. Major tenants include a Ralph's supermarket, Orchard Supply, CVS and Bank of America. The Company has an agreement