Adam Ifshin And Bhatia Kamal Landlord Secures $114 Million Loan For Retail Asset In Palm Beach Gardens

The asset involved in this transaction is a retail property located at 11290 Legacy Avenue, Palm Beach Gardens, FL. It encompasses a total of 420,000 square feet and is associated with a loan amount of $114,000,000, designated for acquisition purposes.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $114,000,000
• Address: 11290 Legacy Avenue
• Market: Palm Beach Gardens, FL
• Asset Size: 420,000 SF
• Lender: Charles Scharf
• Landlord: Adam Ifshin & Bhatia Kamal
• Landlord's Representative: Jordan Roeschlaub, Nick Scribani, John Caraviello, Dan Axelson & Stavros Giannakopoulos - Newmark
• Loan Type: Acquisition

This transaction involves key individuals including lender Charles Scharf, alongside landlords Adam Ifshin and Bhatia Kamal, who manage the property. The representation for the landlords in this deal is provided by the team from Newmark, comprising Jordan Roeschlaub, Nick Scribani, John Caraviello, Dan Axelson, and Stavros Giannakopoulos.