Cohen didn't disclose the price of the acquisition or terms of the deal in a prepared statement. Acme has closed $450 million of fixed-rate loans, property sales and structured deals since opening July 1, 1999.

Among Acme's arranged financing deals are the $15.85 million senior and mezzanine loan package for Orlando-based F.F. South and Co. in the acquisition of the seven-building Church Street Station Downtown entertainment complex in 2000; and the $85 million all-cash transaction of Forte Towers in Miami Beach.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.