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| Lauderdale Marine Center, 2001 Southwest 20th Street, Fort Lauderdale, FL |
The Miami Lakes, FL Bank Provides $60 MillionTo Refinance Lauderdale Marine Center in Fort
Lauderdale, FL
MIAMI LAKES, FL– BankUnited announced it closed a $60
million loan to East Yard Partners LLC and West Yard Partners LLC to refinance
the Lauderdale Marine Center, a 51-acre full service boatyard and marina
located at 2001 Southwest 20th Street in Fort Lauderdale.
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| Talking Heads |
The owners bought the property in 1997. The property
features 245,769 square feet of building improvements and 84,079 square feet of
covered boat slips.
Lauderdale Marine Center is a premier, all-inclusive, marine
center with the largest boat repair facility in the United States, able to
haul, store and repair vessels up to 170 feet and 330 tons.
The loan underscores BankUnited’s commitment to making
credit available to those in South Florida’s multibillion dollar marine industry,
a key economic engine that helps drive the regional economy.
BankUnited’s New York Commercial Lending Team Announces $20
Million Loan for 195 Chrystie Street Building in New York
NEW YORK, NY – BankUnited announced it made a $20 million
loan to Chrystie Studios for a first mortgage on its commercial property at 195
Chrystie Street, New York, NY.
Once home to new wave band Talking Heads, whose
members lived and rehearsed on the building’s ninth floor, the 95,000-square-foot
building on New York’s Lower East Side now houses a mix of artist studios and
creative offices for graphic designers, photographers, modeling agencies,
recording studios and others.
Joseph Sforzo, an officer in BankUnited’s commercial
real estate group in New York, was the lender on the transaction.
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| 195 Chrystie Street, Lower East Side New York, NY |
BankUnited, N.A., a national bank and wholly-owned
subsidiary of BankUnited, Inc. (NYSE: BKU), is headquartered in Miami Lakes,
Florida with $14.3 billion of assets, 98 banking centers in 15 Florida counties
and five banking centers in the New York metropolitan area at September 30,
2013.
Ranked 10th on Forbes Magazine's list of "Best Banks in
America 2012," and one of the largest independent depository institutions
headquartered in Florida by assets, BankUnited provides a wide range of
commercial and consumer banking services.
For additional
information, call (877) 779-2265 or visit www.BankUnited.com.
For a complete copy of the company’s news release, please
contact:
Mary Harris, (305) 817-8117
Savannah Whaley, (954) 776-1999, ext. 225
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