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201 East Las Olas Boulevard

Stiles & Shorenstein Secures $185 Million Refinance Loan From Nomura For Office Asset In Fort Lauderdale
FINANCEDOffice

Stiles & Shorenstein Secures $185 Million Refinance Loan From Nomura For Office Asset In Fort Lauderdale

201 East Las Olas Boulevard

$185,000,000

$478/SF

Building Size

387,000 SF

Asset Type

Office

Closing

Jan 8, 2026

AI

The property asset involved in this transaction is an office located at 201 East Las Olas Boulevard, Fort Lauderdale, encompassing a total square footage of 387,000. The transaction represents a refinance loan amount of $185,000,000. The lender for this loan is Nomura.

Summary of transaction details:

This transaction highlights the key individuals involved, specifically the landlord, Stiles & Shorenstein, who are represented by Paul Stasaitis, Geoff Goldstein, and Blake Koletic from JLL, facilitating the refinance process and ensuring the transaction was efficiently managed.

Players

Geoff Goldstein

JLL

Broker

$8B

vol

56 deals

Broker
Nomura Securities International
Nomura Securities InternationalLender
Geoff Goldstein

Geoff Goldstein

Landlord

$8B

vol

56 deals

Landlord

Fort Lauderdale Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93