Triarch Capital Secures $35M Refinance for Miami Office Tower
Triarch Capital Group has secured a $35 million loan to refinance One Turnberry Place, a 137,000-square-foot office building in Miami’s Aventura submarket.
Located at 19495 Biscayne Blvd., the property was built in 1989 and has had a number of capital improvements in recent years. Tenants at the office tower include Bank Leumi, Merrill Lynch, Entertainment Benefits Group and CV Advisors. Amenities include a Chase Bank branch, café and a beauty salon on the ground floor.
Paul Ahmed and Mackenzie Fry of CBRE represented Triarch Capital in the transaction. The lender was a correspondent life insurance company.
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