facebook
Traded Co logo
Submit

Blackstone & Romspen Investment Corporation Provide $335M Loan For Mixed-use Development In Boca Raton

Property Image
FINANCED
$335,000,000

Florida

See Similar Deals
Mixed-use304,920 SF
Financed 10/13/2021
the dealplayerscompscontact
Property Image
FINANCED

Blackstone & Romspen Investment Corporation Provide $335M Loan For Mixed-use Development In Boca Raton

101 East Camino Real, Boca Raton, FL 33432

See Similar Deals
Mixed-use304,920 SF
Financed 10/13/2021
Contact now

Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$1,098
Total Square Footage:304,920 SF
Transaction Type:Loan

A mixed-use development located at 105 East Camino Real & 101 Via Mizner in Boca Raton was involved in a recent transaction.

Summary of transaction details:

  • Property Type: Mixed-use Development
  • Transaction Amount: $335,000,000
  • Market: Boca Raton
  • Acres: 7
  • Address: 105 East Camino Real & 101 Via Mizner

The lender in this transaction was blackstone''>Blackstone & Romspen Investment Corporation. The landlord involved in the deal was Penn-Florida Companies represented by David Warne & Mark Gensheimer.

Players

LENDER

4 deals$718.6M volume
LANDLORD

Details

FINANCED
IMAGE: Mark Gensheimer & David Warne DATE: 10/13/2021 ADDRESS: 105 East Camino Real & 101 Via Mizner MARKET: Boca Raton ASSET TYPE: Mixed-use Development ~ ACRES: 7 LENDER: Blackstone & Romspen Investment Corporation LANDLORD: Penn-Florida Companies - David Warne & Mark Gensheimer LOAN AMOUNT: $335,000,000

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$335,000,000.00

Monthly NOI$2,233,333.33
Monthly Debt Service$2,117,427.88
Change in Cash Flow$0.00
Refinance Proceeds$0.00