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Kwasi Benneh Of Morgan Stanley Secures $327M Refinance Loan For Medical Office Portfolio In Boynton Beach

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FINANCED
$327,000,000
Nick Scribani
+ 2

Florida

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Office1,400,000 SF
Financed 09/22/2025
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Property Image
FINANCED

Kwasi Benneh Of Morgan Stanley Secures $327M Refinance Loan For Medical Office Portfolio In Boynton Beach

Office1,400,000 SF
Financed 09/22/2025
Nick Scribani
+ 2
Contact now

Summary

Asset Type:Office
Price Per Square Foot:$233
Total Square Footage:1,400,000 SF
Transaction Type:Loan

The Medical Office Portfolio located in Boynton Beach, FL encompasses an impressive 1,400,000 square feet of medical office space. A refinance loan of $327,000,000 has been secured for this asset.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $327,000,000
  • Lender: Kwasi Benneh - Morgan Stanley
  • Lender: Debbie Harmon - Artemis
  • Landlord: Fawaz Al-Mubaraki - Wafra
  • Landlord: Shankh Mitra - Welltower
  • Landlord's Representative: Jordan Roeschlaub - Newmark
  • Landlord's Representative: Nick Scribani - Newmark
  • Landlord's Representative: John Caraviello - Newmark
  • Loan Type: Refinance

This transaction involved key players such as Fawaz Al-Mubaraki and Shankh Mitra representing the landlords, while Jordan Roeschlaub, Nick Scribani, and John Caraviello acted as the landlord's representatives in the deal.

Players

Nick Scribani
191 deals$55.1B volume(212) 372-2113
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

John Caraviello
Newmark
21 deals$10.7B volume
BROKER

Morgan Stanley
LENDER




4 deals$716.8M volume
LANDLORD

Details

FINANCED
IMAGE: John Caraviello, Nick Scribani, Jordan Roeschlaub, Fawaz Al-Mubaraki, Shankh Mitra, Debbie Harmon & Kwasi Benneh DATE: 9/23/2025 ADDRESS: Medical Office Portfolio MARKET: Boynton Beach, FL ASSET TYPE: Medical Office ~ SF: 1,400,000 LENDER: Kwasi Benneh - Morgan Stanley (@Morgan.Stanley) & Debbie Harmon - Artemis LANDLORD: Fawaz Al-Mubaraki - Wafra & Shankh Mitra - Welltower LANDLORD'S REP: Jordan Roeschlaub (@JordyRoeschlaub), Nick Scribani (@ScribSays) & John Caraviello (@JonnyCarvs) - Newmark (@Newmark) LOAN AMOUNT: $327,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$327,000,000.00

Monthly NOI$2,180,000.00
Monthly Debt Service$2,066,862.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00