Kurt Hoffmann |
Delray Beach, FL – Kurt Hoffmann and Chris Caveglia of HC Real Estate Capital have arranged over
$76,500,000 in commercial mortgage transactions in the last 90 days for various
properties throughout Florida and Virginia.
The pair recently arranged the following loans:
- $24,000,000 in permanent and construction financing for a 375 unit multi-family property located in Brandon Florida.
- $16,125000 in permanent Life Company financing for the acquisition of a 143- unit multi-family property located in Newport News, Virginia.
- $10,500,000 in permanent Life Company financing for the 28,259 SF retail property located in Delray Beach Florida.
- $6,200,000 in acquisition financing for a 57,713 SF retail property located in Key Largo, Florida.
- $5,500,000 in permanent financing for a 15,471 SF office & retail property on the island of Palm Beach in Florida.
- $4,950,000 in financing for a Wal-Mart Neighborhood Market located in Delray Beach, Florida.
- $4,200,000 in acquisition financing for a 74,522 SF retail property located in Kissimmee, Florida.
- $3,700,000 in acquisition financing for a 99,103 SF retail property located in Orlando, Florida.
- $1,500,00 in acquisition financing for a 48,433 SF retail property located in Avon Park, Florida.
Chris Caveglia |
The Principals of the firm stated, “HC Real Estate Capital
has been active in covering the market for their borrowers with Life Insurance
Companies, Commercial Banks and CMBS lenders.
The recent loan closings have accomplished the borrower’s goals of acquisition
financing, construction financing and ordinary refinancing of existing debt at
extremely attractive rates and terms.”
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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