Aztec Group Arranges $55.6 Million In Financing For Senior Housing Community In Palm Beach Gardens
The loan was provided by MetLife and provides for full-term interest-only and a 36 month term.
The loan was provided by MetLife and provides for full-term interest-only and a 36 month term.
The leases total 14,201 square feet, or approximately 10% of the total rentable space.
Jake Zebede, Owner of Trustone Advisors, and Joseph Linder, Associate, played a pivotal role in the transaction, representing both Buyer and Seller.
Previously to joining the firm, he served as Vice President at CBRE, where he advised owners of commercial retail and office properties, overseeing transactions ranging from $2 million to $40 million in value.
The executed deals include two lease renewals, one expansion, and seven new leases, all of which were for Miami Tower’s newly completed spec suites.
Here are the most popular news headlines this past week on CRE-sources.
Robert Smith, Kirk Nelson, Jeff Kelly, David Murphy and Monica Wonus with CBRE represented the landlord in lease negotiations.
Colliers’ Vice Presidents Virgilio Fernandez and Pablo Camposano represented the seller in the transaction.
He represents some of the largest industrial institutional owners and investors in optimizing their real estate assets through acquisitions, leasing and sales.
Colliers Executive Vice President Michael Falk and Associate Jonathan Temple represented the landlords, JBL Asset Management and Avenue Property Group, and the tenant, Heritage Flooring, in the deal.
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