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Jeffrey Soffer Secures $50M Loan For Tequesta Condo Acquisition

1500 Beach Road
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This property located in FL received a loan of $50,000,000 almost 3 years ago.

The property involved in the transaction is a condo located at 1500 Beach Road in the market of Tequesta. The transaction took place on 03/31/2021. The asset type of this property is a condo.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $50,000,000
  • Address: 1500 Beach Road
  • Market: Tequesta

The lender for this transaction is Bank OZK. The landlord in this deal is Jeffrey Soffer, who represents Fontainebleau Development.

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Deals
  • Location
    1500 Beach Road, Tequesta, FL, USA1500 Beach Road, Tequesta, FL, USA
  • Loan Value
    $50,000,000$50,000,000
  • Parties
    1 Lender1 Lender

Bank OZK

Bank OZK

Lender
Deals77
Volume$ 338.9B

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Deal Summary

LOAN IMAGE: Jeffrey Soffer DATE: 03/31/2021 ADDRESS: 1500 Beach Road MARKET: Tequesta ASSET TYPE: Condo LENDER: Bank OZK LANDLORD: Jeffrey Soffer - Fontainebleau Development LOAN AMOUNT: $50,000,000

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