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Florida & Gulf Coast  + Central Florida  + Retail  |  November 17, 2020
David Cohen
By: David Cohen

Aztec Group Secures $12M Refinancing for Orlando Retail Center

Real estate investment and merchant banking firm Aztec Group has secured a $12 million loan to refinance Kirkman Oaks Shopping Center in Orlando.

Located just north of Universal Studios at 4606 S Kirkman Road, the 98,000-square-foot retail center is anchored by Publix Supermarket and Davita Dialysis.

Brell Tarich and Charles Penan of Aztec secured the financing on behalf of the borrower through a Georgia-based regional bank. Terms of the financing included a seven-year term and a 30-year amortization schedule. The borrower was led by Daniel Halberstein, a retail and office investor based in Aventura, FLA.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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