PMC Real Estate Capital arranges $17,650,000 in CRE financing

GREENVILLE, S.C. – PMC Real Estate Capital is pleased to announce the funding of the following transactions, arranged by Bryson Thomason, senior director, and Trey Warren, vice president, of the company’s mortgage capital markets:

• $7,300,000 fully amortizing, fixed-rate permanent loan on Bayshore Commons, a Walmart-shadow-anchored center located at 8107 Market Street, Wilmington, North Carolina

• $5,000,000 fully amortizing, fixed-rate permanent loan for the refinance on Surf City Crossing Shopping Center, a 63,016 Harris Teeter-anchored center located at 203 Alston Boulevard, Hampstead, North Carolina

Thomason also arranged a $3,450,000 fixed-rate permanent loan on a 14,550-square foot Walgreens located at 1376 S. Main Street, Greenwood, South Carolina.

Denton Burnette, senior director, recently arranged a $1,900,000 fixed-rate permanent loan for the refinance of 1927 Thurmond Mall Boulevard, an 18,742-square foot, single-story office building, located in Columbia, South Carolina.

CONTACTS:
Bryson G. Thomason: 864-775-3002, bryson@pmcsc.com
W. Denton Burnette: 864-775-3003, denton@pmcsc.com
Franklin E. “Trey” Warren III: 864-775-3001, trey@pmcsc.com

About PMC Real Estate Capital
PMC Real Estate Capital, an operating unit of First Tennessee Bank National Association, is a mortgage-banking firm that specializes in long-term financing for commercial real estate through institutional investors, primarily life insurance companies. The company, with locations in North Carolina, South Carolina and Tennessee, currently services in excess of $1 billion in commercial loans.