Condominium Recapitalization Boca Raton, FL


Condominium Inventory Loan
Boca Raton, FL

Originated a $19.00MM First Mortgage secured by the fee simple interest in the remaining 25 unsold units of a newly constructed luxury 129-unit condominium building located in Boca Raton, FL. The loan was used to refinance maturing debt on the remaining inventory of the Property at which 81% has already been sold out.