SLPA Closes $10,000,000 Real Estate Loan with Wells Fargo Bank

Despite the tight credit markets, Robert S. Saraga of SARAGA & LIPSHY on October 4, 2010, successfully closed a $10,000,000.00 refinancing of a Boca Raton shopping center. Wells Fargo Bank Middle Market Real Estate ("WFB") was the lender. The shopping center is commonly known as the North Dixie Center located on Spanish River Boulevard and Dixie Highway, Boca Raton, Florida. The Shopping Center is owned by North Dixie Center, LLC and is principally anchored by Bennet Auto Supply, Sherwin-Williams, Carvel Ice Cream and North Dixie Fitness. (by Robert Saraga 10-5-10)