Miami — Aztec Group Inc. has secured $18.6 million in financing for the shopping complex Sedano’s Plaza at Lakes on the Green in Miami.
Bloomfield Hills, Mich. — Bernard Financial Group has arranged an $8.6 million loan for the refinancing of New Bloomfield Plaza in Bloomfield Hills.
Holmdel, N.J. — Cronheim Mortgage has arranged $13.4 million in refinancing for Kohl’s Plaza, a retail plaza located in Holmdel.
New York — Pembrook Capital Management LLC has secured a $20 million first mortgage loan for the acquisition of a retail property located in Manhattan’s Upper West Side.
Palm Beach Gardens, Fla. — CIT Group Inc.’s subsidiary CIT Real Estate Finance has provided a $41 million secured credit facility to refinance PGA Plaza Shopping Center in Palm Beach Gardens.
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.