Terranova Brokers Two Retail Center Loans Totaling $11.3 Mil.

MIAMI-Two retail properties for which Terranova Corporation found new buyers some years back have been refinanced through the firm's capital markets unit.

By Harold Kelman | September 11, 2000 at 01:01 AM

Paul Ahmed, director of capital markets for Miami-based Terranova Corp., brokered both transactions. Terranova had previously negotiated the sales of both properties to their present owners. An investment group acquired El Mercado in 1991. Allen Greenwald bought the mixed-use Quail Run three years ago.

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