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Miami Investor Purchases Broward Retail Center For $31 Million

Quickly rising interest rates accelerated the loan closing as the lender was only willing to hold a very favorable rate for a short period of time. The loan also included additional funding for the development of a vacant outparcel located on the site.

Pembroke Pines Medical Office Complex Gets $22 Million In Refinancing

Paul Ahmed and Mackenzie Lampman with CBRE Capital Markets worked on behalf of the borrower, a private investor, to arrange a seven-year, fixed-rate loan from Bank United.

Vanderbilt Office Properties Purchases The Offices At Boca Center, Awards Listing Assignment To CBRE

New ownership plans to spend north of $10 million in capital improvements to the property throughout 2022, including renovations to the lobby areas, corridors, and restrooms of Tower I, II and III. Additionally, they will be enhancing tenant amenities with a conference center, lounge, and state-of-the-art gym.

CBRE Arranges $57.5 Million Sale Of Broward County Class A Office Building

Christian Lee, José Lobón and Marcos Minaya of CBRE Capital Markets, and Jay Adams with Newmark represented the seller, Encore Capital Management, in the transaction.

New York-Based Investor Picks Up Palm Beach County Office Property For $30.55 Million

The property consists of a 9-story office tower, a 2-story medical office building and a development pad.