Capital Advisors Secures $17.3 Million Refinancing for Portfolio in South Carolina

The refinancing of The Crossings at Beaufort was arranged with CMBS lender Cantor Fitzgerald on behalf of BC 170 LLC. The refinancing of The Crossings at Beaufort was arranged with CMBS lender Cantor Fitzgerald on behalf of BC 170 LLC.

Bluffton, S.C. — Matt Good arranged the 4.6 percent fixed-rate, non-recourse loan, which features a 10-year term and 30-year amortization schedule.

Capital Advisors has arranged $17.3 million in refinancing for a two-property retail portfolio in coastal South Carolina. The portfolio includes Best Buy Center, a 95,041-square-foot shopping center anchored by Best Buy, Petco and Dollar Tree. The second property, The Crossings at Beaufort, is a 19,600-square-foot, two-building retail center that is home to Jersey Mike’s Subs, Anytime Fitness and Wingstop. Matt Good of Capital Advisors arranged the 4.6 percent fixed-rate, non-recourse loan, which features a 10-year term and 30-year amortization schedule. The loan was arranged with CMBS lender Cantor Fitzgerald on behalf of BC 170 LLC.

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