Foreclosure lawsuit dismissed with 10-year refinancing deal
Olshan Properties, a leading real estate development and management firm, announced today it has successfully refinanced The Greene Town Center (the Greene) in Dayton, Ohio. The 10-year refinancing agreement ends all foreclosure proceedings at the Greene.
“This refinancing and our ongoing dedication to the long-term health, growth and success of the property, underscore the strength of the Greene and mark a significant milestone,” said Zach Bornstein, CEO, Olshan Properties. “We look forward to continuing our mission of providing a vibrant shopping, dining, and entertainment destination for the community.”
The Greene boasts the Dayton region’s largest variety of upscale retail, restaurants, entertainment, office space, and luxury residential units. A mixed-use development spanning an impressive 72 acres and encompassing 1.1 million square feet of space, the Greene has become a cornerstone of the local Dayton community since its inception in 2006.
About Olshan Properties
Olshan Properties is a privately owned real estate firm that has specialized in the development, acquisition, leasing and management of commercial real estate for more than 55 years. The close integration of investment and operating capabilities has given Olshan Properties a reputation as one of the leading private owner/operators of commercial real estate. Olshan Properties currently owns and/or manages, individually or with its affiliated companies, a diverse portfolio of commercial properties including Retail, Hotel, Office, and Residential in ten states. For more information, click here.
