$28MM Retail Shopping Center Acquisition|Philadelphia, PA

Structured and arranged medium-term fixed-rate senior debt for the acquisition of a 224,000-square-foot retail shopping center located in the Philadelphia Mills retail node of Pennsylvania.

Challenges

The near-term expiration of several anchors, leases proved challenging to achieving full proceeds. Additionally, the for-profit educational nature of the main anchor made financing difficult due to present political biases towards said tenant class.

Aruyel Nurbekova

JUNIOR ANALYST

Email

anurbekova@eyzenberg.com

D: (305) 995-0777

Alexei Muniak

ORIGINATOR

Email

amuniak@eyzenberg.com

D: (305) 995-0777 ext. 309
C: (917) 536-1057