LOS ANGELES, CA, June 19, 2018 /PRNewswire/ — DealPoint Merrill has secured bridge financing for the redevelopment phase of projects in Benbrook, Texas, Columbus, Ohio, St. Charles, Missouri, Chandler, Arizona, and Saginaw, Michigan.

Collectively the five properties represent nearly 600,000 square feet. After the construction phase was completed and lease-up was underway, DealPoint Merrill secured long-term financing for final stabilization and worked with Cronheim Mortgage to secure approximately $27,000,000 of financing across the five properties.