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Kite Realty Group Trust Secures Financing for Parkside Town Commons

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posted:12/4/2013
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Description: INDIANAPOLIS--(BUSINESS WIRE)--Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that it has closed on an $87.2 million loan to fund the construction and development of Parkside Town Commons in Cary, North Carolina (Raleigh MSA). “We are excited to obtain financing for another high-quality development in the Raleigh area with growing retail demand,” said John A. Kite, the Company’s Chairman and Chief Executive Officer. The Company has commenced construction on both phases of t
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