Financing Transaction for the Redevelopment of the Oak Ridge Mall

We closed a tax increment financing (TIF) transaction to assist with the redevelopment of the Oak Ridge Mall into a lifestyle center and multi-use development. We worked with the City of Oak Ridge, Tennessee and its Industrial Development Board (IDB) to negotiate the incentive package, which included a $13 million TIF and additional incentives and grants provided by the City and the IDB totaling $1.5 million.

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