$45 MILLION LOAN CLOSED FOR PATTON CREEK SHOPPING CENTER

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HOOVER, ALA. — Grandbridge Real Estate Capital closed a $45 million loan for the 512,871-square-foot Patton Creek Shopping Center in Hoover. The first mortgage, 10-year term loan has a 30-year amortization and was secured through RBS Global Banking & Markets, part of the Royal Bank of Scotland Group, by Lance Lehman of Grandbridge's Ft. Lauderdale, Fla., office.

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