Integra arranges $20.95M loan on Orlando retail

Russell Kimyagarov
Russell Kimyagarov

Integra Real Estate Capital arranged a $20.95 million loan to refinance an Orlando shopping center anchored by Toys ‘R Us and Dick’s Sporting Goods.

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Integra arranged the leveraging of the Shoppes at Alafaya, a 122,600-square-foot shopping center in Orlando. The center at 1100 Alafaya Trail in east Orlando was built in 2011. New York-based Integra managing partner Russell Kimyagarov secured the 10-year non-recourse, fixed-rate loan on behalf of an unidentified Miami-based ownership group.