Global Fund Investments and MMG Equity Partners have acquired a mortgage on the Village Shoppes at Pine Plaza, a 234,169-square-foot shopping center in Sunrise, Florida, west of Fort Lauderdale, which is owned by a subsidiary of the Fort Lauderdale-based Stiles Corp. named SCP-Capri Pine Plaza. Stiles had purchased the Sunrise shopping center in partnership with Capri Capital Partners of Chicago for nearly $24m on July 31, 2007.
MMG Equity, Global acquire mortgage on Florida shopping center
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