DEERWOOD CLOSES $15.35M LOAN FOR RETAIL PROPERTY

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WACO — Deerwood Real Estate Capital has arranged a $15.35 million loan to refinance a 215,000-square-foot retail center that is shadow-anchored by a 150,000-square-foot Target in Waco. The property is currently 83 percent leased. Joe Hercenberg and David Rosenberg of Deerwood arranged the 10-year loan.

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