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LAGUNA NIGUEL, CALIF. — Keystone Mortgage Corp. has secured a $60 million refinancing for Plaza de la Paz, a 295,000-square-foot shopping center located in the Orange County community of Laguna Niguel.
The center is home to 45 tenants including The Home Depot, Sprouts Farmers Market, CVS/pharmacy and Off Broadway Shoes. Keystone placed the 15-year, fixed-rate loan through an insurance company on behalf of the borrower, a local family office.