Walnut Creek, Calif. — MetLife Investment Management and Northwestern Mutual have provided a $450 million, fixed-rate loan for Broadway Plaza, a 958,000-square-foot, open-air retail center in Walnut Creek.
Cary, N.C. — HFF has arranged $28.8 million in preferred equity and construction financing for the development of the first phase of Twin Lakes Center, a 153,229-square-foot retail center in Cary.
Altoona, Penn. — Uber Capital Group has secured a $24.1 million loan for the refinancing of Logan Valley Mall in Altoona.
Santa Maria, Calif. — KeyBank Real Estate Capital has provided a $26.8 million CMBS loan for Enos Ranch, a shopping center in Santa Maria.
Orlando, Fla. — HFF has secured the $19.8 million sale of Alafaya Commons, a 130,811-square-foot retail center in Orlando.
Avison Young Arranges $7.7 Million Acquisition Loan for Tri-Cities Shopping Plaza in Central Florida
Mount Dora, Fla. — Avison Young has arranged a $7.7 million acquisition loan for Tri-Cities Shopping Plaza, a 78,452-square-foot retail center in the Central Florida city of Mount Dora.
Hamilton, N.J. — Houlihan-Parnes Realtors has arranged a $17 million refinancing for Independence Plaza, a shopping center in Hamilton.
Napa, Calif. — HFF has arranged the $42 million refinancing of First Street Napa, a 142,026-square-foot retail and creative office property spanning three blocks in downtown Napa.
Aventura, Fla. — Aventura Mall Venture, a partnership between Turnberry Associates and Simon Property Group (NYSE: SPG), has received $1.75 billion in financing for Aventura Mall in Aventura, a city in South Florida’s Miami-Dade County.
Logan, Utah — Uber Capital Group has arranged an $11 million loan for the acquisition of Cache Valley Mall in Logan.