The Real Deal Miami

Delray’s HC arranges $6M in financing for Kissimmee shopping center buy

September 13, 2012 12:00PM

Delray Beach-based HC Real Estate Capital has arranged $6 million in financing for the acquisition of the Kissimmee Korners retail center in Kissimmee. The 83,340-square-foot property is currently 82 percent leased to tenants including Kissimmee Produce, the Florida Department of Corrections and Dollar Store. The financing was arranged for a five-year term. HC is a privately-owned mortgage banking firm founded by Kurt Hoffmann and Chris Caveglia. The buyer was not disclosed. — Alexander Britell