Tremont Realty Capital (617-439-6700) arranged refinancing of $7.776 million for Linwood Square Shopping Center, a 167,000 sq.ft. supermarket-anchored center located in Indianapolis, IN. The 10-year, non-recourse loan provided 80% LTV with the ability to "earn-out" additional proceeds with a near 7% interest rate. The property was 93% occupied at the time of closing. Tenants include Kroger, CVS, A.J. Wright and a US Post Office.

Union Bank of Florida (305-468-9717) offers loans of $1 million to $15 million for terms of 10, 15 or 20 years for varied uses, such as multi-family, office, industrial/warehouse and anchored retail properties located in Dade, Broward or Palm Beach Counties in FL. Pricing, terms and minimum required DSCR will be based upon the property type, age, location and tenancy. LTV is 75% with a DSCR of 1.25. The loan fee is 1%, payable half upon acceptance of the loan commitment and half upon closing or rate lock. The 10-year term is a fixed rate with amortization up to 25 years, while the 15-year term is adjustable in 7.5 years with an amortization of up to 25 years and the 20-year term is adjustable in 10 years and 15 years with amortization of up to 20 years.