111 First Delray - Florida Luxury Condos

111 First Delray offers amazing resort-style living right in the center of Delray Beach. You will see that not only is 111 First Delray a chic address but a glamorously convenient lifestyle. There are 70 luxury residences with prices starting from $400,000.

You will receive contemporary urban living just steps away from exciting Atlantic Ave in downtown Delray Beach. 111 First will be a sleek 70-unit, smart building with beautifully designed 1, 2 & 3 bedroom condo units. These Units are equipped with modern-day technology and security, plus a few fun and convenient perks: Rooftop Deck, Home automation system Designer selected finishes with upgrade options Secure and covered resident parking with extraordinary guest parking.

Everyone will be thrilled with amenities such as Up to 1GB internet download speeds and Secure bicycle parking and private storage space. Also get a State-of-the-art fitness center and the Entertainment deck which includes swimming pool, cabanas, summer kitchen, bar, billiards, fire pit, and TVs Atrium lobby. These Delray Beach Condos will have Low COA (condominium owner association) dues as well.

 

 

Condos in City Walk - Delray Beach Florida

200 NE 2nd Ave APT 407, Delray Beach, FL 33444

2 beds 2 baths 1,703 sqft

For Sale

$625,000

Zestimate^®: $554,500

Est. Mortgage

$2,260/mo

Amazing opportunity to live in the heart of Delray in Pineapple Grove blocks from Atlantic Ave. This is one of the larger condos in City Walk, and one of the few with a balcony. Condo features: plantation shutters, 10 foot ceilings, walk -in closets, crown molding, with open floor plan,

Palm Beach Mortgage News and Commercial Loans

Palm Beach, Florida - There are two very important factors for Families in Palm Beach and all across Florida. Those factors are Term life insurance and Mortgage financing. There are Palm Beach Term Life Insurance policies which can be produced to provide the insured with coverage for a defined period of time. These Term Life Insurance plans are generally from 20 to 25 years. The Palm Beach Life Insurance Company can assist you with all your Term Life Insurance needs or Florida Whole Life Insurance plans.

If your Commercial Loan is coming due and will not be refinanced, these Commercial Mortgage Lenders will help you out. Also, Commercial Mortgage Lenders are able to help get your Commercial loan for a 1031 Exchange.

California Commercial Property Refinancing

West Palm Beach, Florida - The Palm Beach Mortgage Company sees that there are some commercial loans happening for various properties. A Commercial Mortgage Lender also has finalized a $60 million Commercial loan for refinancing evaluable Commercial property. This California Commercial Property is located at 555 California Street in the Bay Area, San Francisco.. The Owners of this California Commercial Property will use the funds from the new Commercial Mortgage and also $45 million of existing cash to pay off the current loan and the necessary closing costs.

The Palm Beach Mortgage Company sees this as a three building office complex. The Palm Beach Mortgage Company discovered that this California Commercial Property has an aggregate total of 1.8 million square feet. This is a premier Commercial Property situated in San Francisco’s financial district. Various local Commercial Real estate Developers call this the Bank of America Center. The Vornado Company currently owns approximately 69% controlling interest in this property.

The Commercial Mortgage Lenders were able to get terms of a 10 yea Commercial loan. This new Commercial Mortgage has got an interest rate at 5.10%. The Commercial Mortgage will amortize based on a 30 year schedule. The Commercial Mortgage Lenders were able to get this Commercial Loan to start amortizes beginning in the 4th year.

The Palm Beach Mortgage Company was researching that the Vornado Company had obtained the 69% interest back in 2007 together with a portfolio of Commercial office building. These Commercial Properties are located on both the East and West coasts for $1.8 billion. When the Commercial property Portfolio sold the san Francisco Office building was about 93% net leased. There was a possible net lease coming in with the Florida Car Insurance Company for quotes and life and car insurance.

The Palm Beach Mortgage Company also saw that the Vornado Company executives calculated a value of $575 per square foot for the impressive 555 California Street. In accordance with Vornado’s Company website, approximately 106,743 square feet was accessible in total on six different floors of this California Commercial Property. This is a beautiful San Francisco Property that was designed by Pietro Belluschi and Skidmore, Owings & Merrill and Wurster, Bernardi & Emmons.

The Palm Beach Mortgage Company saw plenty of quality Tenants such as Bank of America; Dodge & Cox; Goldman Sachs; Fenwick & West; Kirkland & Ellis; McKinsey and Co.; Morgan Stanley; Sidley Austin LLP; UBS; and Cox, Castle & Nicholson. The Palm beach Mortgage Company saw on the California net lease properties retail side, there were tenants such as Starbucks Coffee; Bank of America; FedEx; Bay Club; Dress Barn; and Knoll.

The Palm Beach Mortgage Company had quite a bit of experience with this Bay Area. We see San Francisco experienced rent growth of almost 5% with average asking rents rising to $36.89 and $30.25 for class A and class B, respectively. Tenants have lost some negotiating leverage and must act quickly, particularly in the South of Market area.

Refinancing Retail Buildings & Net Lease Properties

New York, NY - We have data on refinancing retail condominiums, Apartment Buildings and Triple Net Lease Properties. Commercial Mortgage Lenders have capital prepared to fund commercial loans on these types of commercial property. Commercial Mortgage Lenders recently arranged capital to fund a $44 million commercial loan. This Commercial Loan was a refinancing for the retail condominium at 599 Broadway. This Investment Property is in Manhattan’s SoHo neighborhood.

This security for the commercial loan is situated at the intersection of Broadway and Houston Street in the Cast Iron Historic District. As we mentioned above for commercial loans, this retail property has excellent sources for funding. The Retail space includes the first three floors and lower level space of the 12-story building. This area is one of the better retail locations in SoHo. This obviously has the retail foot traffic that is needed to create income which shows triple net leased properties are deserving of commercial loans.

The borrower of this commercial loan was ABC Management Corp. This Commercial Mortgage was a 10-year, fixed-rate loan with Prima Capital Advisors. This transaction was helped along due to the skillful culmination of a long-term repositioning of 599 Broadway. They had a creative ownership structure utilizing a joint venture master lease. This creative leasing technique was led by the talented owners of this collateral. He helped to maximize the retail potential of this net lease investment.

American Eagle subleases the ground floor, second floor and lower level spaces through a 15-year lease. American Eagle is scheduled to open a flagship SoHo store in 2010. This American Eagle retail store is very welcomed in this area.

ABC Management Corp. was founded in 1977. ABC Management Corp is a commercial real estate investment and management company headquartered in New York. ABC Management Corp has an Investment Property Portfolio made up of various property. ABC Management Corp owns numerous commercial properties in the New York metropolitan area and nationally including residential apartment buildings, retail shopping centers, office buildings and warehouses.

If your Commercial Loan is coming due and will not be refinanced, these Commercial Mortgage Lenders will help you out. Also, Commercial Mortgage Lenders are able to help get your Commercial loan for a 1031 Exchange.

The main advantage of refinancing your commercial loan is that it provides a chance for you to receive the required capital in a short time with new lower interest rates. Regardless of whether you are looking for a commercial loan, CTL Financing, Mezzanine loan, or refinancing, Loanrise.com is dedicated to getting you the best rates. For all your commercial loan requirements, Contact loanrise.com and receive a free commercial loan quote.