Boca Ice & Fine Arts Center Secures $14M Loan For Development Site

A development site located at 900 Peninsula Corporate Circle in Boca Raton has recently closed in a transaction. The property spans 4.7 acres and has a total square footage of 74,210. The loan amount for this deal was $14,000,000. The lender involved in this transaction includes Navy Federal Credit Union, Florida First Capital Finance Corporation, and the SBA 504 Program. The landlord of the property is Boca Ice & Fine Arts Center, represented by Jake Dinov, Hal Jacovitz, and Mitch Robbins.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $14,000,000
• Address: 900 Peninsula Corporate Circle
• Market: Boca Raton
• Loan Amount: $14,000,000
• Square Footage: 74,210
• Acres: 4.7

The individuals involved in this deal include Jake Dinov, Hal Jacovitz, and Mitch Robbins representing Boca Ice & Fine Arts Center. Furthermore, the lenders Navy Federal Credit Union, Florida First Capital Finance Corporation, and the SBA 504 Program played a significant role in facilitating this transaction.