MIAMI-Aztec Group, Inc. has secured an acquisition financing amounting $35,000,000 for One Turnberry Place, a Class A office building spanning 136,400 square feet at 19495 Biscayne Blvd. Credit Suisse/Column Financial provided financing for the acquisition.
OTP Capital, LLC, an associate of Aventura-based Triarch Investment Group, is the buyer of the property. Details of the 10-year financing include a 66% loan-to-cost as well as fixed interest rate. Howard Taft and Charles Penan of Aztec Group arranged the financing for the buyer. For the full story, go to Florida Real Estate Journal .
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