TPG Provides $48.6M Loan For Office Acquisition In Fort Lauderdale

Located at 500 & 550 West Cypress Creek Road in Fort Lauderdale, this office property has recently undergone an acquisition. The property, owned by Feldman Equities, was acquired with a loan from TPG. The loan amount of $48,575,000 facilitated the purchase of this office asset.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $48,575,000
• Address: 500 & 550 West Cypress Creek Road, Fort Lauderdale
• Market: Fort Lauderdale
• Loan Type: Acquisition
• Lender: TPG
• Landlord: Feldman Equities
• Brokers: Ryan Horowitz - Cooper-Horowitz

Ryan Horowitz from Cooper-Horowitz represented the parties involved in this office acquisition deal. The partnership between Feldman Equities, the landlord, and TPG, the lender, was instrumental in facilitating this transaction.