Ameris Bank Provides $29.7M Loan For Office Buildings In Delray Beach | 1615 & 1625 South Congress Avenue | Ameris Bank | Ronald (Ron) Granite, Jason Hochman | Office | Loan

Summary

Loan

FLORIDA

Office

175,965 sqft

Two office properties in Delray Beach, located at 1615 & 1625 S Congress Ave, have been involved in a recent loan transaction. The properties have a combined square footage of 175,965 and sit on 12 acres of land. The loan amount for this transaction is $29,700,000.

Summary of transaction details

Property Type: Office
Transaction Amount: $29,700,000
Address: 1615 & 1625 S Congress Ave, Delray Beach
Square Footage: 175,965
Acres: 12

The lender for this loan transaction is Ameris Bank. The landlord of the properties is G&C Arbors Investors, LLC. Jason Hochman and Ron Granite from Cushman & Wakefield served as the brokers in the deal.

Players

All
5

Agents
2
Agencies
2
Lenders
1

$557.5M Sold

$649.8M Sold

Details

Deal Summary

FINANCED

IMAGE: Jason Hochman & Ron Granite DATE: 08/15/2022 ADDRESS: 1615 & 1625 S Congress Ave MARKET: Delray Beach ASSET TYPE: Office ~ SF: 175,965 ~ ACRES: 12 LENDER: Ameris Bank (@AmerisBank) LANDLORD: G&C Arbors Investors, LLC BROKERS: Jason Hochman (@JasonHochman) & Ron Granite - Cushman & Wakefield (@CushWake) LOAN AMOUNT: $29,700,000

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Address1615 & 1625 South Congress Avenue

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