Eugene Rutenberg Of Celestial Fund Secures $16.3 Million Loan For Boca Raton Office Acquisition

The asset involved in this transaction is an office property located at 621 Northwest 53rd Street in Boca Raton, featuring a total square footage of 240,000. The loan amount for this acquisition is $16,300,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $16,300,000
• Loan Type: Acquisition
• Broker: Eugene Rutenberg - Celestial Fund

The broker representing the transaction is Eugene Rutenberg from Celestial Fund, the company known for delivering results for senior loans, mezzanine debt, and preferred equity structured finance nationwide. A thank you is extended to their capital partner for providing certainty of closing for the sponsor involved.