StackSource Online Marketplace Arranges $19M CMBS Shopping Center Loan
CRETech
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1 minute read
HARRISBURG, PA, AND KEENE, NH—StackSource, a startup in the Fintech/Proptech space developing an online platform for commercial real estate financing, arranged a $19.4 million CMBS loan for two shopping centers, in Harrisburg, PA, and Keene, NH.
The $19.6 million loan closed with Starwood Mortgage Capital, financing The Shoppes at Susquehanna, Harrisburg, PA, and Center at Colony Mill, Keene, NH.
StackSource capital advisor Justin Wolk negotiated the transaction, successfully navigating a complex ground-lease negotiation that closed simultaneously. The total transaction value exceeded $40 million .
