“Hollywood Circle Owners Secure $133M Refi – A Smart Financial Move”

"Hollywood Circle Owners Secure $133M Refi - A Smart Financial Move"

GCF Development has successfully secured a $133,500,000 refinancing loan for Hollywood Circle, a mixed-use project spanning approximately one million square feet. The property is located at 1776 Polk Street in Hollywood, FL and the financing was obtained through Deutsche Bank USA. The transaction was brokered by Jay Miller of BayBridge Real Estate Capital.

“We are delighted to once again collaborate with Deutsche Bank on such a substantial loan,” stated Peter Jago, Managing Director at GCF Development. “As we move into 2024, this significant accomplishment reflects our continued progress in revitalizing this highly prominent area of Hollywood.”

Hollywood Circle boasts a 25-story retail center that includes Circ Residences with 386 residential units and amenities such as a boutique hotel with 111 rooms, Publix Supermarket covering over 48

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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