Suburban Capital Markets, Inc. provided $10 million to 50 Market Street, LP for the refinancing of Mill Creek Shopping Center in South Portland, ME. The fixed-rate, non-recourse mortgage matures in 10 years and has a 30-year amortization. It was sold for securitization. The 76,894 sq.ft. neighborhood center sits on a land area of 7.15 acres on Market Street. The center is 100% occupied with tenants including Bank of America, CVS, Wendy’s and The UPS Store. The company offers financing for apartment buildings, shopping centers, office buildings, hotels, motels, warehouses and industrial buildings through the following loan programs: fixed-rate, non-recourse, long-term financing, interim and bridge loans, interest-only, floating rate and mezzanine.

For more information, contact Suburban Capital Markets, Inc., 11 North Washington Street, Suite 230, Rockville, MD 20850; 301-340-2266, Fax 301-340-9242;
Web site: www.suburbancapital.com.

GE Real Estate provides fixed-rate financing between $5 million and $200 million nationwide for multi-family, office, retail, industrial, self-storage, student housing, hotels, manufactured home communities, regional malls and outlet centers. Under the company’s programs, class A and B, seasoned and stabilized projects qualify for first mortgages with five- to 10-year fixed rates with LTVs of 80%. Unseasoned properties qualify for specialized programs with early rate locks, reverse earnouts, interest-only periods and subordinate debt, with LTVs of 80% to 85%. Class C properties qualify for programs that, by request, carry LTVs of 90%. The company also offers flexible fixed-rate financing with loans of $10 million and up for multi-family, office, retail, industrial, hotels, self-storage, student housing, manufactured home communities, regional malls and outlet centers. Terms are available of three, five and seven years, with LTVs up to 85% and interest-only amortizations of up to five years. The company also offers short-term bridge financing for loans between $5 million and $200 million for office, retail, self-storage, multi-family, condominium conversions, student housing, regional malls and outlet centers. Repositioning, rehabilitating and stabilizing projects qualify for traditional programs involving floating-rate, float-to-fixed, non-participating and subordinate debt deals with LTVs below 85%. Certain repositioning projects qualify for specialized programs including acquisition lines, participating and earnout deals with LTVs of 95%. Certain rehabilitation projects qualify for programs that, by request, feature standby deals with LTVs of 95%.

For more information, contact GE Real Estate; 888-433-4778;
Web site: www.gerealestate.com.