The Real Deal Miami

HC Capital arranges $5.8 million in financing for Boca Raton office building

November 26, 2012 12:00PM

2200 Butts Road

Delray Beach-based HC Capital has arranged $5.75 million in financing for the Class A office building at 2200 Butts Road in Boca Raton, the firm announced today. The 31,702-square-foot, LEED-certified property was built in 2010. HC’s Kurt Hoffman and Chris Caveglia arranged the financing through a relationship with a correspondent life insurance company. The loan carries a 15-year term and a 25-year amortization schedule. “This was a unique opportunity to finance a LEED-certified office building,” Hoffman said. — Alexander Britell