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Last Updated ( Friday, 06 June 2014 21:15 )
DATE_FORMAT_LC2=Friday,June 06 2014 12:00:00 am EDT   
HC Real Estate Arranges $4.7 Million Loan for Shopping Center

St. Petersburg, Fla. – HC Real Estate Capital has arranged $4.7 million in acquisition financing for Central Plaza in St. Petersburg. The 74,600-square-foot center is 92 percent leased and anchored by Goodwill, Citi Trends, Payless Shoe Source and Family Dollar. Central Plaza is located adjacent to a Walmart Supercenter. Delray Beach, Fla.-based HC Real Estate Capital worked with the borrower to secure the 10-year loan with a local lender. Kurt Hoffmann and Chris Caveglia of HC Real Estate Capital arranged the loan.

Scott Reid

 

 

 

 

 

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