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Pinnacle Closes Grocery-Anchored Shopping Center Loan

June 1st, 2016

Pinnacle Financial Group, Inc. is pleased to announce the closing of a loan on a 108,000 square foot grocery-anchored shopping center in Green, Ohio.
Heritage Crossings of Green was closed with one of Pinnacle’s correspondent life insurance company relationships on a 20 year, fixed-rate self-amortizing structure, non-recourse, no reserves and a loan amount of $16 million. The loan-to-value was 65% and the interest rate was locked at application at the beginning of the 90 day closing time frame.
Pinnacle was formed in 1990 and is currently one of the largest independently owned mortgage banking companies in the Midwest. Pinnacle is a leading member of Strategic Alliance Mortgage (SAM), an organization of 23 mortgage banking companies with 51 offices throughout the United States. SAM ensures local expertise within a powerful national platform. Pinnacle consistently delivers their clients the best possible capital available in the market. For more information about Pinnacle, its partners and services can be found on their website at www.pinnaclefinancialgroup.com.

April Retailer Ratings

May 20th, 2016

Highlights of the Largest U.S. Retailers:
1. Wal-Mart - Bentonville, AR
2. Kroger - Cincinnati, OH
3. Costco - Issaquah, WA
4. The Home Depot - Atlanta, GA
5. Walgreen Boots Alliance - Deerfield, Ill.

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