Fantini & Gorga has arranged $25.25 million in financing for South Cape Village, a 156,000-square-foot, multi-phased shopping center in Mashpee.

The property is anchored by a Roche Bros. supermarket, a Marshalls and a recently opened freestanding Walgreens pharmacy, and was developed by C. Talanian Realty. The transaction represents a refinance of the borrower’s construction debt, plus closing costs and allowed the borrower to fund future construction needs and recapture equity. This transaction was completed by Wayne Clough, managing director, and Mark Whelan, director.

"Our client had reached a point of stability in the project and was seeking to take advantage of today’s low permanent debt pricing, as well as provide for a small amount of future construction. The lender understood the borrower’s needs and provided a high level of service to win this business," Clough said.