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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Capital One Closes $88.7MM Loan to Refinance Biscayne Bay Apartments
Friday, September 11, 2015
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Lenders/Participants
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Capital One Bank [Joint Lead Arranger, Joint Book Manager, Administrative Agent]
SunTrust Bank [Participant]
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Structure
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Refinance
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Amount
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$88.700
Million
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Borrower(s)
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ECI Group, Inc. the Harbor Group International
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Description
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Loan proceeds will be used to refinance a syndicated construction loan from Capital One used to build Shorecrest Club Apartments, a 467-unit, 20-story, Class A multifamily project in Miami that was completed in April. As with the construction loan that preceded it, 50 percent of the current loan has been syndicated with SunTrust Bank. Transaction details not disclosed.
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Industry
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Real Estate
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| Related Tags |
Capital One, SunTrust Bank
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ABL Advisor
Deal Tables
2025
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