$30,000,000 Refinance Secured for Office Property in Deerfield Beach, FL
Jul 7, 2026 Bank
Deal Summary
BankUnited provided a $30 million, two year senior loan to refinance Hillsboro Center, a 223,716 square foot Class A office park at 600 and 700 West Hillsboro Boulevard in Deerfield Beach that is 97 percent occupied across 43 tenants. The borrower, Grover Corlew, has owned the property since acquiring it in 2019 for $32.5 million and has invested roughly $10 million in renovations and repositioning, with stated plans to add multifamily on part of the site. The refinance was announced in July 2026.
Get a lender shortlist for a comparable Office property
See which lenders are actively financing office in Fort Lauderdale, and get a confidential read on proceeds, structure, and pricing for your property. No fee to talk, and nothing is published without your consent.
Transaction Details
- Closing Date
- Jul 7, 2026
- Loan Amount
- $30,000,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Term
- 2 years
- Asset Type
- Office
- Source
- Press release
Property
- Property Name
- Hillsboro Center
- Address
- 600 & 700 W Hillsboro Blvd
- City, State
- Deerfield Beach, FL
- Market
- Fort Lauderdale
Source: view source announcement
Similar Recent Loans
All office loans →Acquisition · Office · Fort Lauderdale, FL
View deal →Refinance · Office · Hollywood, FL
View deal →Acquisition · Office · Greenacres, FL
View deal →Financing a similar property?
See what lenders are active on office in Florida, or request a confidential loan review with Andrew Sawyer, commercial real estate capital markets advisor.
Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.