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6600 North Military Trail

Berkadia Secures $90 Million Refinance Loan For Mixed-use Property In Boca Raton
FINANCEDMixed-use

Berkadia Secures $90 Million Refinance Loan For Mixed-use Property In Boca Raton

6600 North Military Trail

$90,000,000

Building Size

Asset Type

Mixed-use

Closing

Nov 4, 2025

AI

The asset involved in this transaction is a mixed-use property located at 6600 North Military Trail in Boca Raton. The transaction includes a refinance loan amounting to $90,000,000, structured as a five-year floating-rate loan.

Summary of transaction details:

The broker representatives involved in this deal include Scott Wadler, Mitch Sinberg, Brad Williamson, Matthew Robbins, and Michael Basinski, all affiliated with Berkadia. These professionals played a crucial role in facilitating the refinance transaction for the landlords, BH Group and Pebb Enterprises.

Players

Brad Williamson

Berkadia

Broker

$7.1B

vol

114 deals

Broker
Berkadia
BerkadiaBrokerage
Abanca USA
Abanca USALender

Boca Raton Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.18%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93