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MIAMI-Sterling Organization, Palm Beach-based real estate investment firm, and owner and operator of Mall of the Americas, has secured an extension on a $52.5 million loan on the 790,000-square-foot mall in Miami from its lender, Allstate.

Mall of the Americas is located on West Flagler Street, adjacent to the south of Dolphin Expressway and nearby Palmetto Expressway in Miami. Grandbridge Real Estate Capital’s senior vice president Al Rex arranged the loan. For the full story, go to Florida Real Estate Journal.

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