Southeast Regional Office

Shelter Cove Towne Centre
Hilton Head, SC

“Shelter Cove is the finest retail development on Hilton Head Island, which is one of the top vacation destinations in the US. We are excited to work with Southeastern Development Associates and Kroger on this financing, which was innovative in providing additional capital for an expansion of the center.”
—Randall M. Hall, CFA, Senior Director

  • $38 MM permanent loan
  • 10-year term
  • Located in the heart of Hilton Head Island, which attracted 2.5 million visitors in 2015
  • Planned 2017 construction of an additional 16,600 square feet

Source: REI Southeast Regional Office, December 2016.