City National Bank Refinances Office At 4000 Ponce De Leon Boulevard For $69.96M

The property involved in the transaction is an office located at 4000 Ponce De Leon Boulevard in Coral Gables. The asset spans 292,788 square feet and was refinanced for a loan amount of $69,955,000. The landlord of the property is Ugo Colombo & Arthur Murphy of CMC Group, with the lender being City National Bank.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $69,955,000
• Landlord: Ugo Colombo & Arthur Murphy - CMC Group
• Landlord's Representative: Paul Stasaitis, Paul Adams & Nicole Barba - JLL

The deal's key individuals and companies include Paul Stasaitis, Paul Adams, and Nicole Barba from JLL, who represented the landlord, Ugo Colombo & Arthur Murphy. They played a crucial role in securing the refinance loan for the office property at 4000 Ponce De Leon Boulevard in Coral Gables.