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| 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.
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| 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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