South Florida Business Journal SF Partners of Miami has sold Concept II Towers, a two-building office property in Lake Worth Beach, Fla., for $10.9 million, or about $112.75/sf. A company controlled by Miami investor Allen Chelminsky bought the property, at ...
TD Bank provided $8.83 million of acquisition financing.
Hunt Mortgage Capital provided a $32 million Fannie Mae loan against the property, which has been renamed Savona Grand.
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© 2023 Commercial Real Estate Direct All rights reserved..