Tuesday, November 5, 2013

HC Real Estate Capital Arranges $1.4 Million in Financing for the 21 Drops Building In Delray Beach, FL


21 Drops office building, 290 SE 6th Avenue, Delray Beach, FL

Delray Beach, FL –Kurt Hoffmann and Chris Caveglia of HC Real Estate Capital have arranged $1,400,000 in financing for the 21 Drops office building located at 290 SE 6th Avenue Delray Beach, FL. 





The 21 Drops building is a 6,850 SF class “A” freestanding historic office building that is well positioned on Federal Highway just three blocks south of Atlantic Avenue.  


The building was originally built in 1949, as an auto showroom/garage for Adams Chevrolet on Federal Highway.  

In 2013 the property was converted to include the headquarters of 21 Drops, a modern line of essential oil products sold in retail stores and spas worldwide.

Other tenants include Leighton Design Group and Slash Fitness.  HC Real Estate Capital worked exclusively on behalf of the borrower to secure a 7-year, fixed rate loan through a local lender.


Slash Fitness club members exercising
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

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