Soaring Pine Capital Secures Payoff from Borrower on Loan for Eastpointe Property

BIRMINGHAM, Mich., Dec. 19, 2017 /PRNewswire/ -- Soaring Pine Capital, the real estate vertical of Simon Group Holdings, has secured payoff from its borrower, Encore Development, on a $650,000 loan from its Real Estate and Debt Fund II. The hard-money loan was a short-term bridge loan...