PAPAGO PLAZA ACQUISITION FINANCING – ARRANGED BY CHURCHILL COMMERCIAL CAPITAL, INC.

Churchill Commercial Capital, Inc. (Cynthia Hammond, CMB, president) arranged equity financing through ABR Chesapeake Fund IV, a value-added real estate fund sponsored by Baltimore-based Alex Brown Realty Inc. (“ABR”) for the acquisition of Papago Plaza. The center was sold in early September to Papago Marketplace, LLC for $12.5 million. This 106,000 SF neighborhood shopping center…