ORLANDO, FL-HFF is busy closing retail refi deals and sales in Florida cities lately. HFF arranged a $60 million refinancing for Seminole Towne Center in Sanford and closed the sale of Promenades Mall in Port Charlotte.

On the Seminole Towne Center deal, HFF managing directors John Pelusi and Claudia Steeb and director Luis Castillo worked on behalf of the borrower to secure a 10-year, fixed-rate loan through Citigroup Global Markets. HFF will service the securitized CMBS loan that is replacing maturing debt on the property. Seminole Towne Center Limited Partnership includes a Simon Property Group entity and an institutional investor advised by Heitman.

Located on 79 acres at the Interstate 4 and Florida Beltway intersection north of Orlando’s central business district in Sanford, Seminole Towne Center was developed in 1995. Dillard’s, JC Penney, Macy’s, Sears and a 10-screen United Artists Theatre anchor the mall.