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MIAMI-A Strategic Alliance Mortgage LLC member, Thomas D. Wood and Company has secured $3.6-million financing for the Shoppes of Village Pointe situated at 6018 SW 18th St. in Boca Raton. The loan was arranged through The Standard Life Insurance Company.

The fixed-rate loan has a five-year term, and it gets adjusted every five years. The loan-to-value of the received loan is 30%. The retail center measuring 73,000 square feet was constructed in 1985. For the full story, go to Florida Real Estate Journal.

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