Cohen Financial (949-252-1672) secured $2.75 million in debt placement for the Wiest Plaza, a 145,778 sq.ft. center located at 10411-10491 Magnolia Avenue in Riverside, CA. Terms of the two-year loan include an LTV of 78% and pricing based on a one-month LIBOR. The company also secured $3.65 million in debt placement for a 14,490 sq.ft. Walgreens-tenanted center at the intersection of Skibo and Yadkin Roads in Fayetteville, NC. Terms of the two-year loan include an LTV of 80% and pricing based on the one-month LIBOR. The company also secured $16 million in debt placement for a 310,000 sq.ft. center located at 825 West North Avenue in Chicago, IL. The center is tenanted by Home Depot Expo Center. Terms of the 18-year loan include an amortization of 21 years, a 90% LTV and pricing based on the 10-year U.S. Treasury Rate. The company also secured $1.3 million in debt placement for a 104,000 sq.ft. center located at 2233 Highway 14 in Janesville, WI. The center is tenanted by Kmart.

L.J. Melody (858-546-4662) arranged financing of $108 million for The Oaks Mall in Thousand Oaks, CA. The 1.1 million sq.ft. mall is anchored by Macy’s, Macy’s Men’s and Home, Robinson’s-May, Robinson’s-May Men’s and Home and JCPenney.

Glimcher Realty Trust (614-621-9000) completed a refinancing of the 1.3 million sq.ft. Jersey Gardens Mall in Elizabeth, NJ. The new debt consists of a $135 million non-recourse senior note at an interest rate of LIBOR plus 1.97%, resulting in an initial interest rate of 3.81% and a $30 million non-recourse subordinated note at an interest rate of LIBOR plus 8.19%, resulting in an initial interest rate of 10.03%. Both notes have an initial maturity date of June 9, 2004, and include three one-year options. The proceeds of the financing were utilized to repay a maturing $162 million construction loan.