Insights

MacKenzie Capital Refinances Portfolio of 10 Properties

MacKenzie Capital, LLC is pleased to announce they secured refinance proceeds for 10 assets with seven separate loans from two different lenders. The assets included nearly 100,000 sf of office/retail/flex space, a 54-slip marina, 32 multifamily units, and 553 self-storage units. The assets are in diverse submarkets such as southern Pennsylvania, the Eastern Shore, and…

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Felipe’s Mexican Taqueria to Break Ground at Kenilworth June 6th

Felipe’s Mexican Taqueria Restaurant (Felipe’s) will be breaking ground on their 3,500 square foot restaurant on Thursday, June 6 at 5:00 p.m. at the Shops at Kenilworth located in Towson, Maryland.  This newest location, the eighth restaurant for Felipe’s, marks a milestone of growth as they enter the Mid-Atlantic region.  The restaurant will be a…

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MacKenzie Capital Secures $10.3 Million for Hotel Development, Rehoboth, DE

John Black and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured $10.3 million in construction interim financing for a 93-room Holiday Inn Express & Suites located in Rehoboth Beach, Delaware. MacKenzie presented several financing options, however the best execution for the borrower with respect to interest rate and terms was…

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MacKenzie Capital Secures Financing for Two Weis Markets-Anchored Shopping Centers in PA

MacKenzie Capital (“MacCap”) is pleased to announce that it has placed a combined $14.38MM in senior and revolving line-of-credit financing on a portfolio of Weis Markets-anchored shopping centers in Pennsylvania’s Lehigh Valley. The sponsor is a family-owned company that has been in business for over 40 years in Eastern-Central Pennsylvania.  Through a highly-competitive process, MacCap…

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More Food with a Side of Mixed-Use Construction

Presented by:  Sean Langford, Vice President, MacKenzie Retail, LLC The 2016 ICSC Mid Atlantic Conference was held again this year at the Gaylord Convention Center at National Harbor in D.C. this past March.  This year’s attendance was over all positive and energized for the CRE Mid-Atlantic markets.  Expected players were in attendance along with several…

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