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HFF arranges $20M loan for shopping plaza

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HFF has arranged a $20 million refinancing for a Toms River retail center, it announced Wednesday.

The real estate services company worked on behalf of Paramount Realty Services, the borrower in the Tri-City Plaza deal. HFF said in a news release that it secured a fixed-rate loan through a life company for the 108,109-square-foot center.

The HFF team was led by Senior Managing Director Jon Mikula, Managing Director Jim Cadranell and Associate Director Samuel Seiden, HFF said.

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Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

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