San Antonio, Texas — NorthMarq Capital has secured $6 million in acquisition financing for Fairview Shopping Center, a 28,662-square-foot retail property in San Antonio.
Gainesville, Fla. — George Smith Partners has secured a $125 million construction loan for Phase 1 of Celebration Pointe, a 225-acre mixed-use development located in Gainesville.
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.