Vermont Slauson Economic Development Corporation Acquires Local Shopping Center With $22.2 Million Loan From Lendistry [Yahoo! Finance]
Ross Stores, Inc. (ROST)
Last ross stores, inc. earnings: 3/3 04:01 pm
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Source: Yahoo! Finance
LOS ANGELES, CA / ACCESSWIRE / May 9, 2024 / Lendistry and the Vermont Slauson Economic Development Corporation (VSEDC) announce that VSEDC will become the sole owner of the Vermont-Slauson Shopping Center in South LA after securing a $22.2 million commercial real estate loan from Lendistry. Located on the corner of Vermont and Slauson Avenues, the Center is home to essential businesses like Ross Dress for Less, Superior Grocers, and CVS Pharmacy. Alongside diverse local boutiques, these anchors provide crucial goods and services to the community. VSEDC's community-driven ownership prioritizes residents over profit-driven goals, strategically positioning the plaza to establish enhanced access and support. Exclusive governance ensures the plaza remains a hub of affordable and essential services - a primary endeavor from VSEDC to expand affordability and protect existing businesses from displacement and gentrification. Moreover, increased revenue will catalyze initiatives to boost
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ROST
Earnings
- 3/5/24 - Beat
ROST
Sec Filings
- 4/24/24 - Form PX14A6G
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- ROST's page on the SEC website