GSP/Rifkind Capital Advisors (310-557-8336) secured a $14.8 million bridge loan to fund the expansion of the House of Blues and help obtain re-entitlements for the land surrounding the concert venue for the redevelopment of several hundred apartments and 44,000 sq.ft. of retail space on Sunset Boulevard in Hollywood, CA. The bridge loan was financed with 100 percent debt with no mezzanine or profit participation by the lenders. The lease is for five years with a flexible release schedule.

AFC Realty Capital (212-245-2050) arranged $9 million in financing for Miami Gardens Shopping Center, a 112,000 sq.ft. center located on Miami Gardens Drive in Miami, FL. The refinancing loan enabled the owners of the property to complete their sale. The loan was for a 10-year term at a rate under 6 percent. The center consists of five buildings and is anchored by Winn-Dixie, Family Dollar and Blockbuster Video. The property is currently 89 percent leased. The loan is non-recourse.