AZTEC ARRANGES $4.475 MILLION FOR THE ACQUISITION AND PERMANENT FINANCING OF JACKS’ SUNILAND IN PINECREST, FLORIDA

Miami , Florida -- Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm based in Miami, is pleased to announce the acquisition and permanent financing of Jacks’ Suniland Center located in Pinecrest, Florida in the amount of $4,475,000. Jack’s Suniland 2, Ltd. recently closed on the acquisition of a local bank-anchored, 15,000 square foot retail shopping center located on a 1-acre site in Pinecrest, Miami-Dade County, Florida. Aztec secured a senior permanent loan in the amount of $4,475,000 to facilitate the acquisition of the property. The loan term is ten years, with three years interest-only. Jason Shapiro, Managing Director of Aztec Group, Inc., represented the borrower in the placement of this loan.

Founded in 1981, Aztec Group, Inc., is a full service real estate investment and merchant banking firm specializing in facilitating the acquisition, disposition, financing and capital needs of real estate projects for institutional investors, entrepreneurs, developers and offshore clients.