Q10 | Professional Mortgage Co. Arranges $48,455,000 in Loans


cash in airQ10 | Professional Mortgage Company arranged the following loans:

  • $12,250,000 fixed-rate loan on Torrence Village, 76,582-square-foot, Walgreens anchored shopping center located at 9810 Gilead Road, Huntersville, NC.
  • $2,000,000 fixed-rate loan on Banberry Plaza, a 12,880-square-foot shopping center anchored by Reeds Jewelry offices. The mixed use property is located at 2515 South 17th St., Wilmington, NC.
  • $21,700,000 fixed-rate loan (two years with interest only) on the newly completed Belle Meade Apartments, a 228-unit, Class A property located at 1109 Matteo Dr. (off Carolina Beach Road), Wilmington, NC.
  • $1,050,000 fixed-rate loan for the acquisition of a 9,002-square-foot free-standing Dollar General store located at 7812 Broad River Road, Irmo, SC.
  • $4,455,000 fixed-rate, fully-amortizing loan on Pelham 85 Commerce Center, a 109,000-square-foot, Class A industrial property located at 105 Ben Hamby Road, Greenville, SC.
  • $7,000,000 fixed-rate loan on Forest Square Shopping Center, a retail property consisting of 64,037 square feet within a Publix, two bank branches, Scotchman and Chili’s. The properties are located in Myrtle Beach, SC. Four of the properties are ground leases.
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