Monday, March 7, 2016

Delray Beach Based HC Real Estate Capital Arranges $4.46 Million in Financing for Mixed Use Property In Delray Beach, FL

331 East Atlantic Avenue, Delray Beach, FL
Chris Caveglia
Delray Beach, FL, March 7, 2016 -- Chris Caveglia and Kurt Hoffmann of HC Real Estate Capital have arranged $4,460,000 in financing for the property located at 331 East Atlantic Avenue Delray Beach, FL.

 The 100% leased, two-story mixed-use building property is made up of two retail tenants and eleven apartment units totaling 12,800 SF.   The retail tenants include: Bank United and Peter Mark Salon.  The property is situated on approximately 0.15 acres of land in the heart of Delray Beach on Atlantic Avenue.

Financing was arranged through a regional banking relationship at a competitive fixed interest rate that allowed the borrower to carry out their long-term plan for the property.   

HC Real Estate Capital, LLC is a privately owned mortgage-banking firm founded by Kurt Hoffmann and Chris Caveglia.  Based in Delray Beach, Florida, HC Real Estate Capital arranges permanent and bridge commercial and multifamily real estate loans. 
Kurt Hoffmann

The company has a broad capital provider base that includes insurance companies, CMBS lenders, pension fund advisors, and commercial banks.

For a complete copy of the company’s news release, please contact:

Chris Caveglia
HC Real Estate Capital, LLC
660 Linton Blvd. Ste 200 EX5
Delray Beach, FL 33444
Direct: 561-266-3273
Mobile: 561-376-3176

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