South Florida Business Journal An affiliate of Eagle Arc Partners has paid $36.41 million, or about $166,256/bed, for a pair of nursing home properties with a combined 219 beds in Palm Beach County, Fla. The New York company paid $19.95 ...
South Florida Business Journal The Boynton Beach, Fla., Planning and Development Board is reviewing a plan for a 274-unit apartment property in that south Florida city. GCI Acquisitions, an affiliate of Goldberg Cos. Inc., has proposed developing the property on ...
Synovus Bank provided $16.64 million of financing to the buyer.
Discovery Village at Boynton Beach
fully occupied. Wells Fargo Bank provided $35 million to the buyer.
Berkadia Commercial Mortgage provided the buyer with $23.05 million of Freddie Mac financing.
The buyer also assumed a $54.4 million loan from CBRE Capital Markets as part of the deal.
71.8 percent leased.
PNC Bank provided $35 million of Freddie Mac financing, with a 30-year term, for the purchase.
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© 2023 Commercial Real Estate Direct All rights reserved..