MIAMI-The Pittsburgh and Miami offices of Holliday Fenoglio Fowler, LP have secured a permanent first loan financing worth $48.5 million on behalf of Simon Property Group for its regional mall called the Port Charlotte Town Center located at 1441 Tamiami Trail in Port Charlotte.
HFF received the fixed-rate mortgage that extends for 10 years from RBS Securities, Inc. to replace a maturing credit facility on the asset. JCPenney, Dillard's, Sears, Macy's are some of the tenants in the mall.For the full story, go to Florida Real Estate Journal.
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