SILVERLEAF FINANCIAL ACQUIRES $10.2 MILLION IN COMMERCIAL LOANS IN OHIO

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SHAKER HEIGHTS AND BOWLING GREEN, OHIO — Salt Lake City-based SilverLeaf Financial has acquired two commercial real estate properties in Ohio. The first acquisition is a 20,000-square-foot office complex located in Shaker Heights. The face value of the property’s loan is $1.35 million. The second acquisition is Woodland Mall, a regional retail shopping center in Bowling Green. Tenants of the approximately 300,000-square-foot mall include Sears, Famous Footwear, Cinemark, Dunham’s Sports and Elder-Beerman. The shopping center has a face value of $8.9 million.

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