MEDALIST CAPITAL ARRANGES $46.5 MILLION LOAN FOR SHOPPING CENTER

CHARLOTTE, N.C. — Charlotte-based Medalist Capital has secured $46.5 million in permanent, non-recourse financing for Collett & Associates’ Perimeter Woods Shopping Center, located off Interstate 77 at W.T. Harris Boulevard in Charlotte. The loan was placed with Chicago-based PPM Finance. Don Williams and Mary Neill Hagood arranged the transaction.