FINANCED
City National Bank Provides $83 Million Loan For Office Building In Boca Raton
6600 North Military Trail
Office
650,000 SF
650,000 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Office
650,000 sqft
Located at 6600 North Military Trail in Boca Raton, this office property spans 650,000 square feet. The transaction involved a closed loan deal.
Summary of transaction details
- Property Type: Office
- Address: 6600 North Military Trail
- Market: Boca Raton
- Loan Amount: $83,000,000
The lender for this transaction was City National Bank. The borrower included Ian Weiner from Pebb Enterprises and Yitzak Toledano from BH Group. The loan type was a combination of a senior loan and a mezzanine loan.
Several brokers represented the parties involved in the deal. Scott Wadler, Jaret Turkell, Mitch Sinberg, Brad Williamson, Matthew (Matt) Robbins, and Michael (Thomas) Basinski from Berkadia handled the brokerage for this transaction.
Players
All
7
Agents
6
Agencies
1
Details
FINANCED
IMAGE: Michael Basinski, Brad Williamson, Jaret Turkell, Mitch Sinberg, Scott Wadler, Omar Morales, Ian Weiner & Yitzak Toledano
DATE: 04/06/2023
ADDRESS: 6600 North Military Trail
MARKET: Boca Raton
ASSET TYPE: Office ~ SF: 650,000
LENDER: City National Bank (@CityNationalBank)
BORROWER: Ian Weiner - Pebb Enterprises & Yitzak Toledano - BH Group
BROKERS: Scott Wadler (@SWadler1), Jaret Turkell (@Deal_Crush), Mitch Sinberg (@TheJewishIceberg), Brad Williamson, Matthew (Matt) Robbins & Michael (Thomas) Basinski (@MichaelThomasBasinski) - Berkadia (@Berkadia)
LOAN AMOUNT: $83,000,000
LOAN TYPE: Senior loan plus mezzanine loanView on map
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Address6600 North Military Trail
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