$56.4M for Herald Examiner Reno

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$56.4M for Herald  Examiner Reno
Herald Examiner Building

A $56.4 million bridge financing loan was given for the redevelopment of the Herald Examiner Building downtown, HFF Inc. announced Jan. 18. HFF’s Todd Sugimoto, Jeff Sause and Spencer Richley represented The Georgetown Co., the project’s developer. The loan was provided by JPMorgan Chase & Co. In August, Arizona State University announced it had leased the majority of the 100,000-square-foot building, which will also have retail and restaurant space. ASU will not move in until 2020. The property, located at 1111 S. Broadway, was built in 1914 as the headquarters of the Los Angeles Examiner.

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