CBRE Arranges $11.25 Million Refinance Loan for Miami Retail Center

Miami – Morgan Stanley provided the 10-year loan at competitive rates for the purpose of refinancing the previous mortgage on the property.

coral reef1 webMajor tenants of Coral Reef Village in Miami, which received an $11.25 million refinance loan arranged by CBRE, include Little Caesars, H&R Block and Dunkin' Donuts.Miami – CBRE has arranged an $11.25 million first mortgage on behalf of GREC for Coral Reef Village, a 55,621-square-foot retail center in the Country Walk neighborhood of Miami. Morgan Stanley provided the 10-year loan at competitive rates for the purpose of refinancing the previous mortgage on the property. Major tenants of Coral Reef Village include Little Caesars, H&R Block and Dunkin' Donuts. CBRE's first vice president Christopher Apone collaborated with CBRE's Charles Foschini and Christian Lee in arranging the loan.

   Scott Reid

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