HFF Announces $125.65M Financing for Uptown Boca in South Florida
HFF (HF)
Last hff earnings: 4/24 04:15 pm
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Source: Business Wire
MIAMI--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces $125.65 million in construction financing for the development of Uptown Boca, a mixed-use lifestyle center with residential and retail space in Boca Raton, Florida. The HFF team worked on behalf of the development team of Giles Capital Group, Rosemurgy Properties and Schmier Property Group in partnership with Wheelock Street Capital to secure the floating-rate construction loan through Jutland Finance Inc. Uptown Boca will be situated on a 38-acre site at Glades Road and 95th Avenue South in West Boca Raton. The lifestyle center will encompass 456 Class A luxury apartments and 171,806 square feet of upscale retail space, which will be anchored by Lucky’s Market, Silverspot Cinema, Bolay, Chick-fil-A and BurgerFi, along with a variety of smaller retail and restaurant tenants. The retail component is expected to deliver in
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