Chicago — Envoy Net Lease Partners LLC has created a new lending program that provides up to 100 percent loan-to-cost financing for developers, retail and restaurant companies involved in ground lease developments, up to $4 million per property.
Paoli, Pa. — HFF has arranged $38.3 million in financing for Paoli Shopping Center, a grocery-anchored retail center in Paoli.
New York and Greenwich, Conn. — Avant Capital Partners has originated $6.3 million in bridge loans for two properties in Manhattan and Greenwich.
Naperville, Ill. — CBRE Capital Markets’ Debt & Structured Finance team has advised Marquette Cos. in the $47 million financing for the development of Water Street District, a 175,000-square-foot mixed-use development in Naperville.
Merrill, Wisc. — Cohen Financial, has secured a $6.27 million refinancing loan for Merrill Ridge Plaza, a mixed-use retail and office center located in Wisconsin. Merrill Ridge Plaza is a 122,919-square-foot property and is 97 percent leased.
Nashville, Tenn. — HFF has secured financing for One Hundred Oaks, a 891,470-square-foot, mixed-use retail and medical office center in south Nashville, Tennessee.
Phoenix — James V. DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix-based regional office, has arranged the $23 million refinance of Foothills Park Pace, a 132,496-square-foot retail property in Phoenix.
Buena Park, Calif. — PCCP LLC has provided an $8.9 million loan for the recapitalization of the Buena Park Mall, a 535,400-square-foot regional mall located in Buena Park, on behalf of its ownership, Coventry Real Estate Advisors.
Baltimore — Cronheim Mortgage Corp. has arranged $52.7 million in financing for THE AVENUE at White Marsh, a 298,000-square-foot main street lifestyle center in Baltimore’s White Marsh community.
Amelia, Ohio — NorthMarq Capital has secured $4.5 million in financing for Pierce Town Center, a 50,000-square-foot retail property located in Amelia.