HOULIHAN-PARNS SECURES $5.6 MILLION RETAIL LOAN IN CONN.

UNIONVILLE, CONN. — Houlihan-Parnes Realtors has secured a $5.6 million first mortgage for the refinancing of The River Edge Shopping Center in Unionville. The 51,628-square-foot retail and office property is located at 45 S. Main Street. Its tenant roster includes CVS/pharmacy, Verizon Wireless, People's Choice Pizza and Quest Diagnostics. The loan carries a 5-year term with a 5.25 percent fixed interest rate and a 30-year amortization schedule. Ed Graf and Ted Sannella of Houlihan-Parnes arranged the deal on behalf of the undisclosed borrower. The lender's name also was not released.