Keiser University Secures $131.7M Acquisition Loan For West Palm Beach Office Property

2085 Vista Parkway

$131,720,000

$22/SF

Building Size

6,000,000 SF

Asset Type

Office

Closing

Feb 28, 2023

AI

The property involved in this transaction is an office space located at 2085 Vista Parkway in West Palm Beach. The property spans a total of 6,000,000 square feet.

Summary of transation details

Property Type: Office
Transaction Amount: $131,720,000
Lender: Ameris Bank, Amerant, SouthState Bank, Locality Bank, TD Bank
Landlord: Keiser University
Brokers: Spencer Miller, AJ Felberbaum, and Jay Miller representing BayBridge Real Estate Capital; Paul Tanner representing Las Olas Capital Advisors

In terms of financing, the loan amount for this acquisition is $131,720,000. The loan was provided by various lenders, including Ameris Bank, Amerant, SouthState Bank, Locality Bank, and TD Bank.

Players