Naples, Fla. — Preferred Apartment Communities (PAC) has received a $19 million acquisition loan for Crossroads Market, a 126,895-square-foot shopping center in Naples.
Dacula, Ga. — Phillips Edison & Co. has acquired Mountain Crossing, a 96,606-square-foot shopping center located 39 miles outside Atlanta in Dacula, for $13.9 million.
Chicago — Chicago-based Starwood Retail Partners, along with parent company Starwood Capital Group, has named Jeff Ziegler chief operating officer.
Sacramento, Calif. — Newmark Cornish & Carey (NCC) has arranged the $32.5 million sale of Laguna Village, a 120,893-square-foot retail center in Sacramento.
San Mateo, Calif. — HFF has secured a $15 million loan for the renovation and tenanting of The Baywood, a 26,157-square-foot retail and office building in San Mateo.
San Diego — CBRE has arranged the $10.1 million sale of Riverdale Shopping Center, a 66,416-square-foot retail center in San Diego.
Galloway, N.J. — Cushman & Wakefield has secured $6.5 million in financing for Smithville Square, 107,000-square-foot retail center located in downtown Galloway.
Las Vegas — An affiliate of Caesars Entertainment Corp. has agreed to sell the real estate assets of Harrah’s Las Vegas Hotel and Casino on the Las Vegas Strip for $1.14 billion.
Mount Pocono, Penn. — Heidenberg Properties Group has signed two tenants to Mount Pocono Plaza, a 203,000-square-foot shopping center in Mount Pocono.
Phoenix — Lee & Associates has arranged the $11 million sale of Pueblo Point Shopping Center, a 54,430-square-foot retail center in Phoenix.