Patterson Arranges Acquisition Financing with Seacoast National Bank

Patterson Real Estate Advisory Group is happy to announce the successful financing for FTR Capital’s acquisition of Shoppes at Paradise Pointe, a 74,000 SF, Publix-anchored shopping center in Fort Walton Beach, FL. Patterson served as exclusive capital markets advisor to FTR Capital, securing acquisition financing through Seacoast National Bank.

“It was a pleasure to work with FTR Capital on this acquisition. We look forward to seeing the results of FTR Capital’s strategic approach to the purchase and future repositioning of the Project,” said Bill Mealor, Co-Managing Partner at Patterson. “Seacoast has proven to be a flexible and accretive partner through the acquisition process, and we are confident that FTR Capital and Seacoast will make the Project a success.”

Congratulations to Chris Dean with FTR Capital and Dan Siegenthaler with Seacoast National Bank on a successful transaction! We enjoyed working with both teams and look forward to future opportunities together.

Press Release