Citibank Provides $49M Loan To Ken Griffin's Palm Beach SFR At 60 Blossom Way
FINANCED
$49,000,000
Florida
See Similar DealsSingle Family Residence18,452 SF
Financed 04/16/2020
FINANCED
Citibank Provides $49M Loan To Ken Griffin's Palm Beach SFR At 60 Blossom Way
60 Blossom Way, Palm Beach, FL, USA
See Similar DealsSingle Family Residence18,452 SF
Financed 04/16/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,655
Total Square Footage:18,452 SF
Transaction Type:Loan
The property asset involved in the transaction is a single-family residence located at 60 Blossom Way in Palm Beach. The asset has a total square footage of 18,452 and secured a loan amount of $49,000,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $49,000,000
- Address: 60 Blossom Way
- Market: Palm Beach
- Lender: Citibank
- Landlord: Providencia Partners - Ken Griffin
The key individuals involved in the deal include Ken Griffin, who is associated with Providencia Partners, representing the landlord in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$49,000,000.00
Monthly NOI$326,666.67
Monthly Debt Service$309,713.33
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions