BELLINGS

Banyan Street, Independencia Refi South Florida Office With $54M

Banyan Street Capital and Independencia Asset Management have nabbed $53.5 million to refinance an office complex in Doral, Fla. Wells Fargo provided the financing that backs the 290,000-square-foot Doral Center property. The 10.8-acre campus includes two buildings — one rising…

Banyan Street Capital and Independencia Asset Management have nabbed $53.5 million to refinance an office complex in Doral, Fla. Wells Fargo provided the financing that backs the 290,000-square-foot Doral Center property. The 10.8-acre campus includes two buildings — one rising…

BELLINGS Intelligence Score: 12

Why it matters

This is a routine commercial real estate refinancing transaction with no novel structure or broad market impact, relevant mainly to the parties involved and their lenders.

Sources

  • Commercial Observer

    Banyan Street, Independencia Refi South Florida Office With $54M

    Banyan Street Capital and Independencia Asset Management have nabbed $53.5 million to refinance an office complex in Doral, Fla. Wells Fargo provided the financing that backs the 290,000-square-foot Doral Center property. The 10.8-acre campus includes two buildings — one rising…