MIAMI—Investors are looking to get a piece of South Florida'shot retail market. Merchant bankers likeAztec Group are getting the deals done.
Aztec's senior managing director Howard Taftand director Charles Penan just secured a $3.65million in financing for Timberlake Plaza for the borrower, anaffiliate of Aventura, FL-based Biscayne 135 Ltd.Timberlake is a shopping center in Cooper City,FL.
“This is the latest example of a quality retailasset securing favorable financing terms in the South Floridamarket,” says Taft. “Timberlake Plaza's location in a denselypopulated neighborhood and stable tenant roster were key toexecuting the loan.”
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