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The buyer assumed a $17.86 million loan from Transamerica Life Insurance Co.
ACRES Capital Corp. has provided $86 million of mortgage financing against the soon-to-be-finished Ray Hotel Delray Beach, with 141 rooms in South Florida. The loan allowed the property's developer, Menin Development Inc. of Palm Beach, Fla., to retire a $72 ...
South Florida Business Journal An affiliate of Crow Holdings has paid $111.75 million, or about $302,846/unit, for the Alta Congress apartment complex in Delray Beach, Fla. The Dallas company purchased the 369-unit property from a company managed by TPI REIT ...
South Florida Business Journal An affiliate of Site Centers Corp. has paid $40 million, or about $708.38/sf, for the Addison Plaza shopping center in Delray Beach, Fla. The Beachwood, Ohio, retail REIT bought the 56,467-square-foot property, at 16950, 16850 and ...
South Florida Business Journal Alliance Residential has lined up $45.69 million of construction financing for a 187-unit assisted-living facility in Delray Beach, Fla. Comerica Bank was the lender. The Phoenix developer recently broke ground on the project, on 7.23 acres ...
John Hancock Life Insurance Co. has provided $37 million of financing against the 224-unit Enclave at Delray Beach apartment property in Delray Beach, Fla. The loan allowed the property's owner, MSP Enterprises of Boynton Beach, Fla., to retire $23.2 million ...
South Florida Business Journal Cook Delray Holdings LLC has sold the 11,382-square-foot retail property at 325 East Atlantic Ave. in Delray Beach, Fla., for $11.5 million, or about $1,010/sf. The deal includes $7.48 million of seller financing. A company managed ...
South Florida Business Journal City National Bank of Miami has provided $35.8 million of construction financing for the first phase of the Terra Nova mixed-use development in Delray Beach, Fla. Ground recently broke on the project, which is being built ...
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