MIAMI-Canyon Capital Realty Advisors LLC has provided a $42-million senior loan to Taubco, a South Florida-based real estate firm, secured by the Class A, 170,000 square-foot Causeway Square mixed-use office and retail property.
The loan proceeds enabled Taubco to purchase and restructure its existing mortgage, and will provide Taubco with funds to complete the lease-up and build-out of the remaining first generation office and retail space at the North Miami property, Canyon Realty officials state.
Causeway Square in North Miami features tenants such tenants as LA Fitness, which occupies a full floor, Vitamin Shoppe and TotalBank,.
“This was a compelling deal for Canyon based on the project's prominent location, the strength of the local market and most importantly, the developer's reputation for delivering top-tier commercial projects,” said Jonathan Roth, principal of Canyon Capital Realty Advisors. “Causeway Square is a high quality project that is poised to capture the growing office and retail demand in North Miami.”
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
