Pebb, Toledano family’s BH score $90M refi, construction loan for Boca Raton project
Pebb Enterprises and the Toledano family’s BH Group scored an $89.9 million loan for a portion of their mixed-use redevelopment of Office Depot’s headquarters campus in Boca Raton. Boca Raton-based Pebb and Aventura-based BH Group will use the debt to refinance an existing loan, and also for the development of an Equinox facility and to continue office tenant improvements at 6600 North Military Trail, according to the developers’ news release. City National Bank is the lender, with participant Abanca. Pebb, led by Ian Weiner, and BH Group are redeveloping the 29-acre campus, marking continuing repurposing of suburban office campuses in […]This article originally appeared on The Real Deal. Click here to read the full story.
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