Fantini & Gorga has placed $23.75 million in first mortgage permanent financing for a retail portfolio consisting of 10 CVS Pharmacies located throughout the country. Keith Wentzel, managing director, arranged and placed the transaction with one of Fantini & Gorga's national life company loan correspondents.
The geographically diversified portfolio consists of 10 CVS Pharmacies constructed in the last few years in 10 different states. The property locations include a number of strong suburban locations in major metropolitan markets such as Atlanta, Chicago, Dallas, Detroit and Phoenix.