Aztec Group director Charles Penan and senior managing director Howard Taft arranged nearly $10 million in loans for two Wynwood warehouse properties.
September 21, 2015 at 01:00 PM
1 minute read
How hot is Wynwood? Two vacant warehouse properties in the emerging neighborhood just secured $9.75 million worth of nonrecourse financing.
Aztec Group director Charles Penan and senior managing director Howard Taft arranged the loans. Specifically, Aztec arranged $6.25 million in nonrecourse financing for a 26,765-square-foot vacant, industrial/flex building located at 201 NW 21st St., and a $3.5 million nonrecourse loan for a 20,530-square-foot vacant warehouse at 2217 NW Miami Court.
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