Guggenheim backs New Hampshire mall acquisition

Guggenheim Commercial Real Estate Finance has provided a $30m loan to ACF Property Manegement for its acquisition of The Shoppes at Bedford Mall, a retail center in Bedford, New Hampshire. The 10-year, fixed rate loan carries a 65% loan-to-value based on the $46.1m that ACF paid Emmes Asset Management Company for the 277,000 sq ft complex.