Triarch Capital scores $35M refinancing for One Turnberry Place

Triarch Capital Group purchased the building in 2011 for $53M from a trust tied to Jeffrey and Jackie Soffer

Miami /
May.May 13, 2020 01:30 PM
9495 Biscayne Boulevard, CBRE’s Paul Ahmed and Mackenzie Fry

9495 Biscayne Boulevard, CBRE’s Paul Ahmed and Mackenzie Fry

Triarch Capital Group scored a $35 million loan to refinance One Turnberry Place in Aventura.

Triarch Capital secured the loan for the office building at 19495 Biscayne Boulevard, in front of Aventura Mall from Nationwide Life Insurance, according to a spokesperson for CBRE.

CBRE’s Paul Ahmed and Mackenzie Fry represented Triarch Capital Group in the deal, according to a press release.

The nine-story building, built in 1989, has 137,000 square feet of rentable space. Tenants include Bank Leumi, Merrill Lynch, Entertainment Benefits Group, and CV Advisors. The building also includes a Chase Bank branch, a cafe and a beauty salon on the ground floor, according to the release.

Triarch Capital Group purchased the building in 2011 for $53 million from a trust tied to Jeffrey and Jackie Soffer, records show.

Aventura-based Triarch Capital Group was founded in 1996 by Daniel Halberstein, Mario Grosfeld, and Jorge Linkewer. In January, Triarch Capital bought an industrial laundromat in Opa-locka for $5.45 million.


Related Articles

arrow_forward_ios
Gomez Development scores $45M loan to build Aventura medical building
Gomez Development scores $45M loan to build Aventura medical building
Gomez Development scores $45M loan to build Aventura medical building
Aventura assisted living and medical offices project scores $84M construction loan
Aventura assisted living and medical offices project scores $84M construction loan
Aventura assisted living and medical offices project scores $84M construction loan
Lease roundup: Plum Market to open in Aventura, Sprouts in Boca Raton, Best Buy in Dania Beach
Lease roundup: Plum Market to open in Aventura, Sprouts in Boca Raton, Best Buy in Dania Beach
Lease roundup: Plum Market to open in Aventura, Sprouts in Boca Raton, Best Buy in Dania Beach
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
Aventura Mayor Enid Weisman (Facebook via Weisman, Getty)
Aventura votes to require HOAs to submit critical reports within 48 hours
Aventura votes to require HOAs to submit critical reports within 48 hours
Clockwise from top: Kenneth, Robert and Bradley Fishel with Aventura Corporate Center (Getty)
Renaissance Properties sells Aventura office complex for $140M
Renaissance Properties sells Aventura office complex for $140M
Grant Cardone and 18851 Northeast 29th Avenue in Aventura (Getty, Google Maps)
Grant Cardone buys Aventura office complex for $93M
Grant Cardone buys Aventura office complex for $93M
Arbor Management Acquisition Company heads Ivan Kaufman and Maurice Kaufman with a rendering of Aventura Park (Anillo Toledo Lopez, iStock)
Arbor Management buys multifamily dev site near Aventura for $10M
Arbor Management buys multifamily dev site near Aventura for $10M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...