Century Parc Villas Place Secures $8 Million Refinance Loan From Banesco USA For Multifamily Asset

The property asset involved in this transaction is a multifamily building located at 1100 North Krome Avenue in Florida City. It encompasses 45 units and has undergone a refinance process with a loan amount of $8,000,000. The transaction is backed by Banesco USA as the lender.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,000,000
• Property Address: 1100 North Krome Avenue
• Market: Florida City
• Asset Units: 45
• Lender: Banesco USA
• Borrower: Century Parc Villas Place
• Loan Type: Refinance
• Loan Terms: 3
• Originators: Juan Sebastian Betancur - Conconcreto; Tatiana Pino - Century Homebuilders Group

This transaction features key participants including Juan Sebastian Betancur representing Conconcreto and Tatiana Pino from Century Homebuilders Group acting as originators. Their involvement is crucial in securing the refinancing of the property to facilitate financial arrangements for the borrower, Century Parc Villas Place.