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| Medical Office Building, 1905 Clint Moore Road Boca Raton, FL |
Boca Raton, FL – Kurt Hoffmann and Chris Caveglia
of HC Real Estate Capital have arranged $16,800,000 of financing for a
multi-tenant medical building located at 1905 Clint Moore Road Boca Raton,
FL.
HC Real Estate Capital worked with the borrower to secure 10
year financing through a correspondent Life Insurance Company relationship.
Built in 1996, the 1905 building is a 101,381 square foot
medical building that is currently 95% leased to a roster of local and regional
tenants. The property is located just
west of Military Trail and Clint Moore Road in Boca Raton, FL.
Kurt Hoffmann, Principal at HC Real Estate Capital
states, “The 1905 building has an excellent history of high occupancy in the
Boca Raton medical office market.”
Hoffmann went on to say, “The borrower was able to replace an existing
CMBS loan with a low-rate Life Company Loan.”
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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