DealPoint Merrill Secures a $6.6 Million Construction Loan for their redevelopment project in Cleveland, Ohio

DealPoint Merrill Secures a $6.6 Million Construction Loan for their redevelopment project in Cleveland, Ohio

LOS ANGELES, Sept. 6, 2018/PRNewswire/ — 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 an 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.