NEW YORK, August 4, 2022 – BayBridge Real Estate Capital today announced it worked with Las Olas Capital to source financing for Everglades College, Inc., to purchase two office buildings.
Everglades College is the parent company of Keiser University. The office buildings are located at 1900 W. Commercial Boulevard and 1500 NW 49 Street in Ft. Lauderdale, FL. The locations were previously leased as academic campuses for Keiser University.
TD Bank provided $40.3 million of the financing.
Paul Tanner of Las Olas Capital served as financial advisor to Everglades College, Inc. Jay Miller, AJ Felberbaum and Spencer Miller of BayBridge Real Estate Capital sourced and structured the financing package.
Keiser University is a private, non-profit university in Ft. Lauderdale. Everglades College purchased Keiser University in 2011.
About Las Olas Capital
Las Olas Capital provides wealth management, advisory services and investment solutions, including capital market transactions and impact investing.
About BayBridge Real Estate Capital
A specialty firm focusing on responsive execution and creative financing, BayBridge Real Estate Capital helps developers and investors source funding for a broad range of commercial real estate projects. With an emphasis on structured finance, the team brings decades of experience to markets across the country from its offices in New York, Miami, Fort Lauderdale, Boca Raton and West Palm Beach, Fla. For more information, visit www.baybridgerec.com or call (646) 213-7561.