Deutsche Bank Provides $90 Million Loan For Office Building On PGA Boulevard In Palm Beach Gardens

Located at 3835 PGA Boulevard in Palm Beach Gardens, this office property spans approximately 217,000 square feet. The transaction involving this asset took place on June 27, 2022. The property is owned by Gatsby Realty and the loan for its recapitilization was provided by Deutsche Bank. The loan amount for this transaction was $90,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $90,000,000
• Address: 3835 PGA Boulevard
• Market: Palm Beach Gardens
• Lender: Deutsche Bank
• Landlord: Gatsby Realty
• Brokers: Charles Foschini, Scott Wadler, and Robert Iudice - Berkadia

The brokers involved in this deal were Charles Foschini, Scott Wadler, and Robert Iudice from Berkadia. They represented the parties in negotiating and finalizing the transaction.