$79M CMBS Loan on Nebraska Shopping Center Sent to Special Servicing – A roughly $78.6 million loan backed by the Shadow Lake Towne Center in Papillion, Neb.-just 10 miles outside of Omaha-has been sent to special servicing, according to an alert last week from Fitch.
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Kroger-Anchored TX Shopping Center Lands $19M Loan – Metropolitan Capital Advisors Ltd., through Director & Principal Todd McNeill, has negotiated an $18.8 million construction loan for Phase II of Shops at Prosper Trail in Prosper, Texas. The 70.
Troy takes next toward steering $1.4M loan to shopping center developers – Troy’s Community Improvement Corporation agreed Thursday, April 19, to accept $1.4 million in loans from the city and then loan that money to a partnership looking to redevelop the nearly vacant.
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Lenders Still Willing to Finance Retail, but Be Prepared for Extra Scr. – . as usual in a retail sector that has been hit by a double whammy of rising e- commerce sales and shifting consumer shopping patterns.