ABP Capital financed an acquisition loan for an office building in Tamarac, FL. Prior to close, the client secured a long-term NNN lease with a regional healthcare tenant that required additional tenant improvement needs. Sponsor utilized the funds to convert the building from a call center to a medical office. The building is located approximately 20 miles north of Fort Lauderdale, FL and south of Boca Raton, FL.
Acquisition
$2,178,571
Tamarac, FL |
Office