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Florida & Gulf Coast  + South Florida  + Office  |  June 26, 2026
Gatsby Florida
Mike Boyd
By: Mike Boyd

West Palm Beach Office Investor Snags $100.4M Refi

Gatsby Florida obtained a $100.4 million refinancing for DiVosta Towers, a 220,000-square-foot Class A office campus in Palm Beach Gardens, Florida. One of the newest office towers in Palm Beach County, DiVosta Towers consists of two 11-story office towers and a connected structured parking facility. The property is fully leased and home to a diverse roster of national and global tenants. 

Berkadia’s Charles Foschini, Scott Wadler and Shannon Wilson of Berkadia Miami arranged the loan on behalf of Gatsby Florida.  Cirrus Real Estate Partners provided a three-year, floating-rate, interest-only loan. Proceeds will refinance the existing loan Berkadia arranged in 2022 and position the asset for continued performance. 

Located at 3825 and 3835 PGA Boulevard, DiVosta Towers was completed in 2019 and 2020 and is a highly visible landmark along I-95, distinguished by its two Louvre pyramid-inspired architectural frameworks. Tenants include JP Morgan, Wealthspire Advisors, Virtu Financial, and others.

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Gatsby Florida

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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