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PEBB Enterprises Secures $35 Million Refinance From Citibank For Boca Raton Office Properties

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FINANCED
$35,000,000

Florida

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Office333,352 SF
Financed 03/16/2026
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FINANCED

PEBB Enterprises Secures $35 Million Refinance From Citibank For Boca Raton Office Properties

7900 Glades Road & 5900 Broken Sound Parkway Northwest

See Similar Deals
Office333,352 SF
Financed 03/16/2026
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$105
Total Square Footage:333,352 SF
Transaction Type:Loan

PEBB Enterprises secured a refinancing for two office properties located at 7900 Glades Road and 5900 Broken Sound Parkway in Boca Raton, totaling approximately 166,676 square feet. The refinancing amount achieved was $35,000,000 from Citibank, N.A.

Summary of transaction details:

Christopher Staller and Donny Schreiber from Nelson Mullins represented PEBB Enterprises in the transaction, facilitating the refinancing process for the office assets in the Boca Raton market.

Players

Christopher Staller
1 deal$35M volume(561) 343-6962
BROKER

Donny Schreiber
Nelson Mullins
1 deal$35M volume(561) 343-6864
BROKER

Citibank
LENDER

Ian Weiner
PEBB Enterprises
23 deals$392.6M volume
LANDLORD

Details

FINANCED
IMAGE: Christopher Staller, Donny Schreiber & Ian Weiner DATE: 03/16/2026 ADDRESS: 7900 Glades Road & 5900 Broken Sound Parkway Northwest MARKET: Boca Raton ASSET TYPE: Office ~ SF: 166,676 LENDER: Citibank (@CitiBank) LANDLORD: Ian Weiner - PEBB Enterprises BROKERS: Christopher Staller & Donny Schreiber - Nelson Mullins LOAN AMOUNT: $35,000,000 LOAN TYPE: Refinance NOTE: PEBB Enterprises secured a $35 million refinancing from Citibank, N.A. for two Boca Raton office properties totaling about 166,700 square feet. The assets include Boca Corporate Plaza at 7900 Glades Road and 5900 Broken Sound Parkway, with Nelson Mullins’ Christopher Staller and Donny Schreiber representing PEBB in the transaction.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$35,000,000.00

Monthly NOI$233,333.33
Monthly Debt Service$221,223.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00