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Deutsche Bank Provides $117.5M Refinance Loan For Mixed-Use Property On Polk Street In Hollywood

1740 Polk Street
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This Mixed-use property located in FL received a loan of $117,500,000 over 2 years ago. The brokers of the deal were Spencer Miller, Jay Miller, and Aj Felberbaum

A mixed-use property located at 1740 Polk Street in Hollywood has recently undergone a refinancing transaction. The property, situated in the Hollywood market, features a combination of residential and commercial units.

Summary of Transaction Details

  • Property Type: Mixed-use
  • Transaction Amount: $117,500,000
  • Address: 1740 Polk Street
  • Market: Hollywood

The loan for this transaction was provided by Deutsche Bank. The refinancing was facilitated by Gold Coast Florida Regional Center, who acts as the landlord for the property. Representing the borrower in this deal were Jay Miller, Spencer Miller, and AJ Felberbaum from BayBridge Real Estate Capital.

This refinancing deal represents a significant financial opportunity for the involved parties. The details of the agreement and the potential benefits it brings to the property are deemed confidential.

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Deals
  • Location
    1740 Polk Street, Hollywood, FL, USA1740 Polk Street, Hollywood, FL, USA
  • Loan Value
    $117,500,000$117,500,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    3 Brokers, 1 Agency, 1 Lender3 Brokers, 1 Agency, 1 Lender

Agents

Spencer Miller

Spencer Miller

Deals18
Financed$1.5B

Agency

BayBridge Real Estate Capital

BayBridge Real Estate Capital

Agency
Deals62
Volume$4.8B

Deutsche Bank

Deutsche Bank

Lender
Deals117
Volume$ 2.7T

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Deal Summary

LOAN IMAGE: Spencer Miller, Jay Miller, & AJ Felberbaum DATE: 10/21/2021 ADDRESS: 1740 Polk Street MARKET: Hollywood ASSET TYPE: Mixed-use LENDER: Deutsche Bank LANDLORD: Gold Coast Florida Regional Center BROKERS: Jay Miller, Spencer Miller, AJ Felberbaum - BayBridge Real Estate Capital LOAN AMOUNT: $117,500,000 LOAN TYPE: Refinance

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1740 Polk Street

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