DealPoint Merrill Secures a $6.6 Million Construction Loan for Their Redevelopment Project in Cleveland, Ohio
LOS ANGELES- DealPoint Merrill has secured a $6.6 Million construction loan for the redevelopment phase of the Giant Eagle Shopping Center in Cleveland, Ohio. The redevelopment will focus on the renovation of the existing building structures, landscaping and additional 60,000 square feet of building. Reconstruction is underway and scheduled for a 1Q 2019 grand opening.
DealPoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, President, handled the due diligence for the financing.
About DealPoint Merrill:
DealPoint Merrill, LLC is an owner and operator of value-added real estate opportunities and sponsor of real estate investment offerings. For more information visit our website at www.dealpointmerrill.com.