DORAL, FL-Sergio Pino, former president of U.S. Century Bank,has sold the bank's headquarters building in Doral for $16 million.NGF Properties, managed by Nelson Albareda, was the buyer. Publicrecords revealed that a company functioning as Century Tower wasthe seller.
As part of the deal, the buyer assumed a $13-million loan fromPCT Financial Services. Pino's Century Tower provided a $1-millionsecond mortgage to NGF Properties. The office building is locatedat 2295 N.W. 87th Ave. For the full story, go to South Florida Business Journal .
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