Inmobiliaria Brom Secures $77.15 Million Refinance Loan From Barings For Office Asset In Hallandale Beach

The property asset involved in this transaction is an office building located at 1010 South Federal Highway in Hallandale Beach, with a total square footage of 795,976. The refinance loan secured for this asset amounts to $77,150,000.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $77,150,000
• Market: Hallandale Beach
• Lender: Barings
• Landlord: Inmobiliaria Brom
• Brokers: Jordan Roeschlaub, Jonathan Firestone, Nick Scribani & Chris Lozinak - Newmark

This deal features brokers representing the financial interests and strategies for the landlord, ensuring successful management of the refinance process. The involvement of Barings as the lender signals a focus on optimal financing solutions for the office property.