NEW YORK, March 20, 2023 – BayBridge Real Estate Capital secured a $131 million loan for Everglades College, the parent entity of Keiser University, to purchase nine suburban office properties in South Florida.
The loan enabled the institution to acquire approximately 543,000 square feet of space that it occupies for classrooms, labs and administration offices.
Amerant Bank, Ameris Bank, Locality Bank, SouthState Bank and TD Bank provided the financing for the transaction, which closed in early March.
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.