Capital Advisors Secures $17.3 Million Refinancing for Portfolio in South Carolina

by Scott Reid

Bluffton, S.C. — Matt Good arranged the 4.6 percent fixed-rate, non-recourse loan, which features a 10-year term and 30-year amortization schedule.

Capital Advisors has arranged $17.3 million in refinancing for a two-property retail portfolio in coastal South Carolina. The portfolio includes Best Buy Center, a 95,041-square-foot shopping center anchored by Best Buy, Petco and Dollar Tree. The second property, The Crossings at Beaufort, is a 19,600-square-foot, two-building retail center that is home to Jersey Mike’s Subs, Anytime Fitness and Wingstop. Matt Good of Capital Advisors arranged the 4.6 percent fixed-rate, non-recourse loan, which features a 10-year term and 30-year amortization schedule. The loan was arranged with CMBS lender Cantor Fitzgerald on behalf of BC 170 LLC.

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