ORLANDO—The Plaza at Hannibal Square, a 71,330-square-foot,class A mixed-use retail, officeand multifamily asset has won the confidence oflenders. Owens Realty Capital secured a $10.32million acquisition loan on the Winter Park, FL asset.

HFF represented the borrower.Prudential Mortgage Capital Company offered the10-year, fixed-rate loan. Owens used the loan to purchase the assetfrom its equity partner. HFF director MichaelWeinberg, associate director WhitakerLeonhardt, and real estate analyst MichaelBrewster worked on the deal.

”Owens Realty Capital did a masterful job purchasing the assetwell below its original development cost and then added atremendous amount of value through their skilled lease-up andmanagement,” Weinberg tells GlobeSt.com. “This generational assetcommanded overwhelming attention from debt capital providers. Boththe client and the lender executed the purchase and financingflawlessly.”

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