Sources Of Financing
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Sources Of Financing


L.J. Melody & Co. (212-223-7171) arranged permanent financing of $8.5 million for The Market at Lake Tapps, a 67,000 sq.ft. center located in Lake Tapps, WA. The center was just recently developed and is shadow-anchored by Wal*Mart Supercenter. The company also arranged permanent financing of $6.4 million for Duluth Station Shopping Center, a 95,000 sq.ft. center located in Duluth, GA. The center is situated on a land area of 14 acres and is shadow anchored by Publix. The company also arranged permanent financing of $13.65 million for Alderwood Plaza, a 178,500 sq.ft. center located in Lynnwood, WA. The center is anchored by QFC and Rite Aid and is tenanted by OfficeMax, Big 5 Sports and Aaron Brothers. The company also arranged financing of $10 million for the Stockton City Center 16, an 18,500 sq.ft. movie theater located in Stockton, CA. The theater is currently under construction and will feature 16 screens with stadium seating and 18,500 sq.ft. of retail space.

Pacific Coast Capital Partners (866-PCCP-LLC) and its affiliate Redwood Capital Finance Co. closed a $17.5 million senior loan to ING Realty Partners and BHI-Dover XVI for the re-capitalization, expansion and lease-up of Village West, a 175,000 sq.ft. center located in Hemet, CA.