Shared Workspace Office

Thomas D. Wood and Company arranged $5,000,000 in permanent fixed rate financing through one of their correspondent life insurance companies secured by a Coral Gables office building. The borrower used the proceeds to refinance the ballooning $4.3 million dollar note and to pull equity out for the renovation and conversion of the 5th and 6th floors into co-working and shared office space.

$5,000,000

For Shared Workspace Office in Miami, FL

Property Type: Office
Deal Type Permanent Fixed Rate

Transaction Contact:

Name Tom Wood