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October 25, 2012

NBS Financial Services

NBS Financial Services Principal Mike Wood and Associate Finance Officer Andrew Patterson arranged $9 million for Pioneer Village Shopping Center in Orting, 40 miles south of Seattle. The 82,130-square-foot center was built in 2000. It is anchored by Safeway and is 92 percent occupied. The borrower was seeking a long-term, fully amortizing loan. NBS said the rate is in the low 4 percent range on a 20-year loan term with a 20-year amortization.




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