Mitchell of iCap Atlanta arranges $6.5m refinance of 67,610 s/f retail center

Bill Mitchell of iCap's Atlanta office recently arranged a $6.5 million loan for the refinancing of a 67,610 s/f, Publix-anchored shopping center. The borrower received a fixed rate of 5.64% for a 15-year term with a 15-year amortization. The loan was arranged through one of iCap's life insurance company correspondents.