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-0.000351432085749484 -0.000527148128624163 0 0.000527148128624163 0.000878580214373522 -0.0028114566859955 -0.00544719732911619 -0.00369003690036902
Stock impact report

Thor Equities Secures $18.25M Financing for Wynwood Sites [Yahoo! Finance]

Home BancShares, Inc. (HOMB) 
Last home bancshares, inc. earnings: 4/16 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: homebancshares.com/investor-relations
Company Research Source: Yahoo! Finance
it has secured $18,250,000 in financing from Centennial Bank for properties located at 2724 NW 2nd Avenue and 2825 NW 2nd Avenue in Miami's Wynwood district. The sites are part of a 2-acre assemblage acquired in September of this year that is zoned for up to 613,000 square feet of development. The financing signals continued confidence in both Wynwood's growth and exemplifies Thor Equities' expertise in sourcing, managing, and developing trophy assets. “Securing this financing marks an important milestone as we continue to build on our presence in Wynwood and thoughtfully plan the next phase for these sites,” said Joe Sitt, Chairman of Thor Equities Group. “Centennial Bank's understanding of Wynwood's evolution makes them a strong partner and we look forward to delivering a project that truly captures Wynwood's character.” Thor Equities Group has an established presence in Wynwood and a proven track record of delivering successful mixed-use assets worldwide. In the neighborhood, Show less Read more
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