MIAMI—Six retail properties in Miami's Little Havana and Brickell neighborhoods have gained the confidence of investors as Miami's retail market continues posting growth. HFF arranged a $12.2 million senior refinancing for the 64,939-square-foot portfolio for Barlington Group. UBS Investment Bank provided the 10-year fixed-rate CMBS loan.

“This long-term CMBS loan will help The Barlington Group execute on its vision for Calle Ocho, ensuring that Little Havana's growth of local art and unique restaurants will continue,” Chris Drew, a director at HFF, tells GlobeSt.com. HFF associate director Jose Carrazana and real estate analyst Maxx Carney also worked on the deal.

The Little Havana submarket is located in the heart of Miami between the Brickell Financial District to the east, Coral Gables to the west, and Jackson Health District just north. Little Havana is one of Miami's oldest neighborhoods and a reemerging area in the midst of an urban renaissance here.