Monday, June 17, 2013

HC Real Estate Capital Arranges $4.6 Million Financing for Office-Retail Property In Wellington, FL

  
Mizner Place, 12300 South Shore Boulevard, Wellington, FL


Wellington, FL, June 17, 2013 --  Kurt Hoffmann and Chris Caveglia of HC Real Estate Capital have arranged $4,600,000 in financing for Mizner Place  (“MP”) located at 12300 South Shore Boulevard in Wellington, FL.

 MP is a 36,599 square foot multi-tenant office retail property that was built in 2001 and is currently 98% leased.  HC Real Estate Capital worked on behalf of the borrower to secure a 10-year, fixed rate, nonrecourse loan through a national CMBS lender.

Chris Caveglia, Principal at HC Real Estate Capital states, “This property is well positioned in the Wellington office market and has maintained a high occupancy over the years.” 

Caveglia went on to say, “The multi-tenant property has a diverse mix of tenants that includes Coldwell Banker, Quorum Management Company, Sanda Gane European Spa, Perfect Smile Dentist and Blakeslee Gallery.” 



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 commercial and multifamily real estate loans.  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

Kurt J. Hoffmann
HC Real Estate Capital, LLC
660 Linton Blvd, Suite 200 EX5
Delray Beach, FL 33444
Office/Direct: 561-266-3271
Mobile: 561-703-1096

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