PNC Bank Provides $69.06M Loan For Mixed-Use Property In Boca Raton

171 West Camino Road in Boca Raton has been involved in a closed transaction. The mixed-use property, spanning 75,954 square feet and sitting on 9.1 acres, has attracted attention in the market.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $69,060,000
• Address: 171 West Camino Road
• Market: Boca Raton
• Lender: PNC Bank
• Landlord: FCI Residential - Pepe Fanjul, Jr. & Juan Porro
• Image: Juan Porro & Pepe Fanjul, Jr.
• Date: 07/16/2021

PNC Bank provided a loan amounting to $69,060,000 for the transaction. The property is now under the ownership of FCI Residential, represented by Pepe Fanjul, Jr. and Juan Porro. This deal showcases the thriving real estate market and demonstrates the confidence in the potential of the mixed-use asset located at 171 West Camino Road.