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$126M Financing Arranged for Uptown Boca MXU in South Florida
The development team of Giles Capital Group, Rosemurgy Properties and Schmier Property Group, in partnership with Wheelock Street Capital, secured $125.65 million in construction financing for the development of Uptown Boca. The mixed-use lifestyle center with residential and retail space is located in Boca Raton, FL.
Uptown Boca will be situated on a 38-acre site at Glades Road and 95th Avenue South in West Boca Raton. The lifestyle center will encompass 456 Class A luxury apartments and 171,806 square feet of upscale retail space. The retail component is expected to deliver in summer 2019, with the residential component available in early 2020.
HFF’s debt placement team representing the developers included Elliott Throne and Steven Klein, along with Jesse Wright.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development



