54
HYANNIS, MASS. — The Boston office of iCap Realty Advisors has secured $12.25 million in first-mortgage financing for Capetown Retail Plaza in Hyannis. Built in 1969, the retail center comprises more than 237,000 square feet of space. Anchors include K-Mart and Filene’s Basement. Jennifer Caruso and Max Rans of iCap Boston arranged the loan with an international bank. Terms of the financing include a 55 percent loan-to-value ratio. The borrower was also not disclosed.