Cohen Financial’s Chicago-based Dan Rosenberg and Matt Terpstra sourced a $45-million refinance loan for a portfolio of six retail properties across the Southeast and Midwest. The sponsor is Midland Atlantic Properties, a repeat Cohen Financial customer with offices in Cincinnati and Indianapolis.
The portfolio totals 552,143 square feet and more than 80 tenants. Five of the six properties are grocery-anchored and all are well occupied.
Cohen Financial secured a fixed-rate, 10-year term loan with Goldman Sachs. The portfolio includes Parkside Square in Ocean Springs, MS; Maysville Marketsquare in Maysville, KY; Pinecrest Pointe in Raleigh, NC; Valleydale Marketplace in Birmingham, AL; Heritage Plaza in Cincinnati; and Putnam Plaza in Greencastle, IN.
“The portfolio consists of well positioned grocery-anchored properties with very diversified service tenant rosters,” said Rosenberg. “CRE investors realize that grocery-anchored properties are one of the steadiest asset classes in the retail market today.”
Pictured: Heritage Plaza in Cincinnati.
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Author: punepropertynews
पुणे प्रॉपर्टी न्यूज ही एक स्थावर मालमत्ता क्षेत्रातील पुण्यातील एक अग्रगण्य माहिती प्रदान करणारे न्यूज पोर्टल वेबसाईट आहे. आम्ही याद्वारे पुण्यामध्ये स्थावर मालमत्ता क्षेत्रात घडत असलेल्या घडामोडी माहिती बातम्या तसेच मुलाखती प्रकाशित करत असतो
