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Venture West Funding Arranges $12.8 Million Loan on Kohl's Regency Center in Lakewood, CA

Business Editors

El Segundo, Calif.-(BUSINESS WIRE) – Jan. 7, 2004--Southern California-based Venture West Funding, Inc. (VWF) announced it has arranged a $12.8 million refinance loan for Kohl's Regency Center in Lakewood, CA. The 109,309-sq. ft. neighborhood retail center is located at 2650 Carson Street in Lakewood and is 98.5% occupied. Owned by an affiliate of Robertson Properties Group, the center is anchored by Kohl's, which occupies nearly 96,000 sq. ft. The center also includes Denny's, Countrywide Home Loans, and Burger King.

Matt Douglas of Venture West arranged the financing through Bear Stearns. According to Douglas, "We tailored a loan at today's favorable rates. This large loan is an example of our ability to offer a diverse array of real estate financing options to our clients."

Venture West Funding, Inc. is a full-service mortgage-banking firm that specializes in multi-family, commercial and single-family financing and provides every client with highly personalized guidance, tailored mortgage solutions, and efficient service. The firm has headquarters at 2101 Rosecrans Avenue, Suite 1225, El Segundo, CA (310/364-3131) and an Orange County office at 9 Executive Circle, Suite 200 in Irvine (949/475-5573).

CONTACT: Venture West Funding
Matt Douglas
(310) 364-3131 Extension 229
Fax: (310) 943-2108
mattd@ventwest.com
www.venturewestfunding.com
or
Santley Associates
Tom Santley
Phone or Fax (626) 441-4594
tsantley@socal.rr.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: BANKING REAL ESTATE
SOURCE: Venture West Funding

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