MIAMI-Southern Center Associates I, LP has secured a loan worth$2,100,000 to refinance the loan on its 24,000-square-foot officebuilding located at 1500 Cordova Road in Fort Lauderdale. Thomas D.Wood and Company, a member of Strategic Alliance Mortgage LLC, hasarranged the loan through its correspondent banking relationshipwith Southern Farm Bureau Life.

The 10-year loan with an amortization period of 25 years has afixed interest rate of 5.15%.For the full story, go to Florida Real Estate Journal. News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

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