CBRE’s Debt & Structured Finance Group has secured acquisition financing of $18.851 million on behalf of Sterling Organization and Cohen & Steers Income Opportunities REIT, Inc. for Deer Valley Towne Center, a 158,628-square-foot, regionally dominant power center located in Phoenix, Arizona.

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CBRE’s Debt & Structured Finance team of Richard Henry, Brian Linnihan, Mike Ryan, and Shaun Moothart represented the borrower in the transaction

Strategically positioned at the southwest corner of State Route 101 and 27th Avenue, Deer Valley Towne Center is 98% leased and shadow anchored by Target and AMC Theatres. The center draws over 5.8 million annual visits, ranking in the 92nd percentile among community shopping centers s

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