$48.5 MILLION REFINANCING ARRANGED FOR REGIONAL MALL FLORIDA

PORT CHARLOTTE, FLA. — Holliday Fenoglio Fowler (HFF) has secured $48.5 million in permanent first mortgage financing for Port Charlotte Town Center, a regional mall in Port Charlotte. Located at 1441 Tamiami Trail, the mall is occupied by Dillard's, JCPenney, Macy's, Sears, Bealls, Regal Cinema, Old Navy, DSW, Charlotte Russe and Victoria's Secret. Manny de Zarraga, Luis Castillo, Danny Finkle, Claudia Steeb and John Pelusi of HFF arranged the 10-year, fixed-rate loan through RB Securities for the borrower, Simon Property Group.