HFF announced arranged a $221.8 million financing for a 96 percent occupied portfolio consisting of 30 retail centers, office and medical office properties totaling two million square feet in Pennsylvania and Maryland.
HFF exclusively represented Paramount Realty Services in the transaction. The financing was closed with a portfolio lender.
The HFF debt placement team representing the borrower was led by senior managing directors Jon Mikula and Jim Cadranell and associate directors Samuel Seiden and Michael Cerulo.
“We were excited to be a part of such an important transaction for Paramount Realty as they grow and expand their portfolio into Central Pennsylvania and Maryland,” Mikula said.