Howard Taft and Charles Penan secured an interest-only, 18-month, $36.5 million loan from Miami Beach-based commercial real estate lender BridgeInvest LLC to help a landowner satisfy loans due to three creditors.
February 25, 2014 at 11:59 AM
1 minute read
Dealmakers:Howard Taft and Charles Penan
The Deal: Aztec Group Inc. senior managing director Howard Taft and director Charles Penan secured an interest-only, 18-month, $36.5 million loan from Miami Beach-based commercial real estate lender BridgeInvest LLC to help a landowner satisfy loans due to three creditors.
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