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Jun 9, 2026 8:40 AM

Stratton Capital Group Closes $42.5 Million Bridge Refinance for Mixed-Use Asset in Fort Lauderdale

FORT LAUDERDALE, Fla., June 09, 2026 (GLOBE NEWSWIRE) -- Stratton Capital Group, a direct private lending firm focused on commercial real estate loans from $3 million to $100 million, announced the closing of a $42,500,000 bridge refinance secured by a mixed-use multifamily and retail asset in Fort Lauderdale, Florida.

The collateral consists of a 168-unit multifamily property with approximately 26,000 square feet of street-level retail space located in Fort Lauderdale's Flagler Village submarket.

The financing was structured to refinance existing acquisition debt, fund remaining capital improvements, support retail lease-up, and provide the sponsor with additional runway to execute the property's stabilization plan.

The sponsor, an experienced South Florida owner-operator, required a lending solution that could address a maturing debt position while preserving flexibility around the asset's remaining business plan. Stratton Capital Group stepped in as the direct private lender and structured the loan around the property's location, in-place ...