61
WINTER HAVEN, FLA. — Holliday Fenoglio Fowler (HFF) has arranged a $13.4 million senior loan for Winter Haven Citi Centre, a 185,705-square-foot power center located in Winter Haven. Situated on 29.5 acres at the intersection of Highway 17 and Avenue K, the center is anchored by Macy’s, Belk, Staples and Pier One Imports. Occupancy was 96.8 percent at the time of closing. The HFF team of Chris Drew and Jose Carrazana arranged the loan on behalf of the borrower, a joint venture between Schmier & Feurring Properties and Independencia Asset Management. The financing carries a 10-year term and was provided by a CMBS lender.